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Required Information Use the following Information for the Exerclses below. ( Algo ) [ The following informstion applies to the questions alleplayed below ] Pro
Required Information
Use the following Information for the Exerclses below. Algo
The following informstion applies to the questions alleplayed below
ProWeave manufactures atadlum blanketa by paseing the products through a weaving department and then a sewing
department. The following information ta avalable regarding its June invertiories:
The fallawing additfonal information describes the companys manufacturing octivities for June:
Exerclse Algo Entrles for transfer of goods across departments LO P
Required:
Compute the a cost of products tranaferred from weaving to sewing, b cost of producto trancfented from sewing to finished
goods, and c coct of goods sold. Hint Computie the totol production costa in each department and then subtract the ending
Invertiory to get the amount traneferred out of each department.
Prepare journal entries dated June to record a goods tranciferied from weawing to sewing, b goods traneferred from sewing
to fintehed goods, c eale of finkhed gooda, and d coat of goods sold.
Complete thils question by entering your answers in the tabs below.
Baquirad
Prepare joumsl entries dated June to record a gaods tranaferred from wasing to sewing, b goods tranaferred from sewing to
finished ooods, c sele of finkhed pooda, and d coat of poods sold.
Journal entry worksheet
A
c
D
Remrd the cost of goods sald.
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