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[The following information applies to the questions displayed below.] Pro-Weave manufactures stacium blankets by passing the products through a weaving department and then a sewing

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[The following information applies to the questions displayed below.] Pro-Weave manufactures stacium blankets by passing the products through a weaving department and then a sewing department. The following information is available regarding its. June inventories: The following additional information describes the company's manufacturing activities for June: Exercise 16-24 (Algo) Entries for transfer of goods across departments LO P4 Required: 1. Compute the (a) cost of products transferred from weaving to sewing. (b) cost of products transferred from sewing to finished and (c) cost of goods sold. Hint. Compute the total production costs in each department and then subtract the ending inventory t the amount transferred out of each department. 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sew finished goods, (c) sale of finished goods, and (d) cost of goods sold. 2. Prepare journal entries dated June 30 to record (a) goods transteried trom weaving to sewing. (b) goods transterred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to finished goods, (c) sole of finished goods, and (d) cost of goods sold. Exercise 16-24 (Algo) Entries for transfer of goods across departments LO P4 Required: 1. Compute the (b) cost of products transferred from weaving to sewing. (b) cost of products transferred from sewing to finished goods, and (c) cost of goods sold. Hint Compute the total production costs in each department and then subtract the ending inventory to get. the amount transferred out of each department. 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. 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

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