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 Inventory 146,000 $ $ Ending Inventory 185,000 375,000 370,000 Raw materials inventory Work in process inventory- Weaving Work in process inventory- Sewing Finished goods inventory 615,000 1,466,000 1,000,000 1,316,000 The following additional information describes the company's manufacturing activities for June Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Weaving $ 605,000 3,160,000 166,000 $ 246,000 Required information The following additional information describes the company's manufacturing activities for June $ 685, eee 3,160,000 166,eee $ 246,899 84,900 172,000 References Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (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) $1,225,60e 460,000 1,700,000 80% 165% $5,200,000 b f transfer mapter 20 - Homework HelpSave & Exit Check Required information 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. eBook 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 Required 2 > Required information Journal entry worksheet ( 4 | points Record the goods transferred from weaving to sewing. ebook Note: Enter debits before credits. References General Journal Debit Credit Date June 30 Record entry Clear enty View general journal S Prev 6 of 7 Next >