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 department. The following information is available regarding its June inventories Raw materials inventory Work in process Inventory Weaving Work in process inventory Sewing Finished goods inventory Beginning Inventory $ 198,000 480,000 600,000 1,476,000 Ending Inventory $ 193,000 540,000 715, 1,376,000 The following additional information describes the company's manufacturing activities for June 685, 410.000 1.NO NO 114.000 194.000 Raw materials purchases con credit) Factory payroll cost (paid In cash) other factory overhead cost other Account creates Materials used Direct-Weaving Binect sewing Indirect Labore Direct- Directed Indirect overhead rat percent of direct labore ving Sewing Sales con credit 31. 1.250.000 165 35.NO 1. Compute the (a) cost of products transferred from weaving to sewing. (b) cost of products transferred trom sewing to finished goods. 2. Prepare journal entries dated June 30 to record () 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 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 inventores, Raw materials Inventory Work in process Inventory-Weaving Work in process inventory-Seving Finished goods inventory Beginning Inventory $ 195,00 480,000 6ee,eco 1,476,000 Ending Inventory $ 1933, een 540,000 715,00 1,376,000 The following additional information describes the company's manufacturing activities for June $ 65,000 3,410,000 164,000 3 252,00 114,000 194,000 Raw caterials purchases on credit) Factory payroll cost (paid in cash) Other factory overhead cost (other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-Sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $1,300,000 360, 1,750, MON 165 $5,250, 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(agoods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods. (c) sale of finished goods, and (d) cost of goods sold