Required information (The following information applies to the questions displayed below) Pro Weave manufactures stadium blankets by passing the products through a weaving department and a sewing department. The following information is available regarding its June inventories: Beginning Ending Inventory Inventory raw materials inventory $ 196,000 281,000 Work in process Inventory-Henving 360,000 440,000 Work in process Inventory-sewing 705,000 715,000 Finished goods inventory 1,276,000 1.416,000 The following additional Information describes the company's manufacturing activities for June $635,000 3,530,000 170,000 Raw materials purchases (on credit) Factory payroll coat (paid in cash) Other factory overhead cont (Other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) 306,000 120,000 120,000 61,325,000 505,000 1,700,000 909 1554 $5,050,000 1. Compute the (a) cost of products transferred from weaving to sewing. (b) cost of products transferred from sewing to finished goods, and (c) cost of goods sold 2. Prepare journal entries dated June 30 to record(a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the (a) cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods, and (c) cost of goods sold. (a) Sewing (b) Finished Goods (c) Cost of goods sold Read Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries dated June 30 to record (6) goods transferred from weaving to sewing, (b) goods transferred from sewing to finished goods. (c) sale of finished goods, and (d) cost of goods sold. View transaction lit Journal entry worksheet B C D > Record the goods transferred from weaving to sewing Note: Enter debits before credits Date General Journal Debit Credit June 30