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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: Beginning Ending Inventory Inventory Raw materials inventory $ 150,000 $ 273,000 Work in process inventory-Weaving 480,000 500,000 Work in process inventory-Sewing 705,000 840,000 Finished goods inventory 1,466,000 1,356,000 The following additional information describes the company's manufacturing activities for June: $ 595,000 3,435,000 172,000 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) $ 310,000 99,000 182,000 $1,375,000 485,000 1,575,000 90% 155% $5,100,000

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