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 $ 128,eee 185,290 Work in process inventory-Weaving 309, eee 330,00 Work in process inventory-Sewing 570,eee 700,00 Finished goods inventory 1,266,eee 1,206,080 $ The following additional information describes the company's manufacturing activities for June: $ 5e,eee 3,860, eee 156,690 $ 240,00 75,000 120,eee 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) $1,200,000 360,000 1,500,000 80% 15ex $4, eee,eee 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 Required 1 Required 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. View transaction list View journal entry worksheet No Date Debit Credit A June 30 General Journal Work in process inventorySewing Work in process inventory-Weaving Cost of goods sold Finished goods inventory 75,000 240,000