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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 then
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 then a sewing department. The following information is available regarding its June inventories: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 158,000 305,000 680,000 1,376,000 Ending Inventory $ 221,000 540,000 885,000 1,396,000 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Other actual overhead cost (paid in cash) 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) rev: 05_27_2021_QC_CDR-376 $ 545,000 208,000 $ 276,000 111,000 146,000 $ 1,300,000 480,000 1,675,000 85% 160% $ 4,550,000 Prepare journal entries dated June 30 to record: (a) raw materials purchases, (b) direct materials used, (c) indirect materials used, (d) rect labor used, (e) indirect labor used, (f) other actual overhead costs, and (g) overhead applied. View transaction list Journal entry worksheet > 1 2 3 4 56 7 Record the purchase of raw materials on account. Note: Enter debits before credits. Transaction General Journal Debit Credit (a) Work in process inventory-Sewing Work in process inventory-Weaving Record entry Clear entry View general journal Journal entry worksheet > 2 3 4 5 6 7 Record the usage of direct materials. Note: Enter debits before credits. Transaction (b) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 LO 5 67 Record the usage of indirect materials. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet < 1 2 3 4 5 6 7 Record the cost of direct labor incurred, but not yet paid. Note: Enter debits before credits. Transaction (d) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 2 3 4 5 6 7 Record the cost of indirect labor incurred, but not yet paid. Note: Enter debits before credits. Transaction (e) General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet 1 2 3 4 5 6 7 Record other overhead costs paid with cash. Note: Enter debits before credits. Transaction (f) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 6 7 Record the application of overhead. Note: Enter debits before credits. Transaction (g) General Journal Debit Credit Record entry Clear entry View general journal
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