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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

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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 a sewing department. The following information is available regarding its June inventories: The following additional information describes the company's manufacturing activities for June: Required: 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 soid. Hint. Compute the total production costs in each department and then subtract the ending inventory to get the amount transferred out of each department. 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. Compute the (a) cost of products transferred from weaving to sewing. (b) cost of products transferred from sewing to finished gaods, and (c) cost of goods soid. Hint Compute the total production costs in each department and then subtract the ending inventory to get the ameunt transferred out of each department. 2. Prepare journal entries doted June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to fished goods, (c) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Compute the (b) cost of peoducts transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods, and (c) coot of uoods sold. finished goods, (c) sale of finished goods, and (d) cost of goods sold. Journal entry worksheet Record the goods transferred from weaving to sewing. Note: Enter debits before credits. Journal entry worksheet Record the goods transferred from sewing to finished goods. Note: Enter getits before credits. Journal entry worksheet

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