The following information applies to 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 Inventory Ending Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory 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 Weavinqg Sewing 80% 150% Sales (on credit) $4,000,000 1. Compute the (a) cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods and (c) cost of goods sold 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to finished goods, and (c) sale of finished goods Complete this question by entering your answers in the tabs below Required 1Required 2 Compute the (a) cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods, and (c) cost of goods sold (a) Sewing (b) Finished Goods (c) Cost of goods sold