Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below. Pro-Weave manufactures stadium blankets by passing the products through a weaving de department. The following information is available regarding its June inventories: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 152,000 435,000 690,000 1,326,000 Ending Inventory $ 241,000 535,000 965,000 1,446,000 The following additional information describes the company's manufacturing activities for $ 580,000 3,455,000 174,000 $ 276,eee 99,000 158,000 Raw materials purchases (on credit) Factory wages 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) $1,225, eee 455,000 1,775,000 90% 150% $5,150,000 Exercise 16-14 Production cost flow and measurement; journal entries LO P1, 1. Compute the (a) cost products transferred from weaving to sewing, (b) cost of products transfer and (c) cost of goods sold.