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Saved Chapter 16 5 Required information [The following information applies to the questions displayed below. Pro-Weave manufactures stadium blankets by passing the products through a

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Saved Chapter 16 5 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 Part 2 of 2 department. The following information is available regarding its June inventories: Beginning Inventory Ending Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory $ 194,000 265,000 415,000 845,000 1,366,000 1,396,000 points 380,000 700,000 eBook Hint The following additional information describes the company's manufacturing activities for June: Print Raw materials purchases (on credit) Factory wages cost (paid in cash) $620,000 3,140,000 176,000 r factory overhead cost (Other Accounts credited) Materials used Direct-Heaving Direct-sewing Indirect $ 264,000 132,000 142,000 Labor used Direct-Weaving Direct-Sewing Indirect $1,375, 000 360,000 1,550,000 Overhead rates as a percent of direct labor Weaving Sewing 80 170 $5,150,000 Sales (on credit) 4 (d) Work in process inventory-Weaving Work in process inventory- Sewing Factory wages payable ook Factory overhead Factory wages payable int ences 6 Factory overhead Other accounts 7(g)Worh process Work in process inventory-Weaving Wonh Factory overhead process inventory Sewing (h) Factory wages payable Cash KPrev5 of 9 Next >

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