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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 a

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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 a sewing department. The following information is available regarding its June inventories: Raw materiale inventory Work in process inventory-Weaving Work in process Inventory-Seting Finished goods inventory Beginning Inventory $ 142,000 425,000 630,000 1,306,000 Ending Inventory $ 285,000 400,000 740,000 1,396,000 The following additional information describes the company's manufacturing activities for June: 5 585,000 3,585,000 162,000 raw materials purchases (on credit) Factory payroll cost (paid in cash) other factory overhead cont (other Accounta credited) Materials used Direct-Weaving Direct-Seving Indirect Labor used Direct-Heaving Direct-sewing Indirect Overhead rates as a percent of direct labor Weaving Gewing Sales con credit) $ 276,000 117,000 180,000 $1,325,000 585,000 1,675,000 850 1551 34,950,000 Seving Sales (on credit) 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 Recured Required 2 > Mequired information Required 1 Required 2 Prepore 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 fiat > Journal entry worksheet D B Record the goods transferred from weaving to sewing. Notter det before credits Debit Credit General Journal Date June 30

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