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Saved Pro-Weave manufactures stadium blankets by passing the products through a weaving department an department. The following information is available regarding its June inventories: Beginning

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Saved Pro-Weave manufactures stadium blankets by passing the products through a weaving department an department. The following information is available regarding its June inventories: Beginning ing Raw naterials inventory Work in process inventory Weaving Work in process inventory-sewing Pinished goods inventory $ 120,000 185,000 330,000 700,000 1,266,000 1,206,000 300,000 570,000 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory wages cost (paid in cash) other factory overhead cost (Other Accounts credited) Materials used $ 500,000 3,060,000 156,000 Direct-Weaving Direct-Sewing Indirect 240,000 75,000 120,000 Labor used Direct-Weaving Direct-Sewing Indirect $1,200,000 360,000 1,500,000 Overhead rates as a percent of direct labor Weaving Sewing 80 150 4,000,000 Sales (on credit)

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