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Required information [The following information applies to the questions displayed below) manufactures sta the products through a weaving department and a sewing department. The following

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Required information [The following information applies to the questions displayed below) manufactures sta the products through a weaving department and a sewing department. The following information is available regarding its June inventories Beginning Ending Inventory Invento 184,80e 285,eee 485,e00 765,0ee 1,326,eee 1,356,e00 ory Work in Work in process inventory-Sewing Finished goods inventory 315,800 695,8e0 ng The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory wages cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used 3,42e,eee 198,000 Direct-Sewing Indirect $ 248,0ee 81,000 152,8e0 Labor used Direct-Weaving Direct-Sewing Indirect $1,300, e8e 470,000 1,580,006 158% Sewing Sales (on credit) $4,600,808 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, and (c) sale of finished goods. Complete this question by entering your answers in the tabs below

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