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Why are my amounts wrong? Required information [The following information applies to the questions displayed below.] Pro-Weave manufactures stadium blankets by passing the products through

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Why are my amounts wrong?

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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 department. The following information is available regarding its June inventories: Beginning Ending Inventory Inventory Raw materials inventory $ 120,000 $ 277, 000 Work in process inventory Weaving 410,000 520,000 Work in process inventory-Sewing 620,000 970,000 Finished goods inventory 1,346,000 1,266,000 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) $ 600,000 Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) 3, 455,000 182,000 Materials used Direct-Weaving $ 292,000 Direct-Sewing 141,000 Indirect 122, 000 Labor used Direct-Weaving $1, 225, 000 Direct-Sewing 580 ,000 Indirect 1, 650,000 Overhead rates as a percent of direct labor Weaving 80% Sewing 155% Sales (on credit) $5, 100, 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, (c) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below.Required 1 Required 2 Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred fro finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list View journal entry worksheet X No Date General Journal Debit Credit A June 30 Work in process inventory-Sewing 2,377,000 Work in process inventory-Weaving 2,377,000 B June 30 Finished goods inventory 3,647,000 Work in process inventory-Sewing 3,647,000 C June 30 Accounts receivable 5,100,000 Sales 5,100,000 D June 30 Cost of goods sold 3,727,000 Finished goods inventory 3,727,000Complete this question by entering your answers in the t Required 1 Required 2 Compute the (a) cost of products transferred from weaving to se goods, and (c) cost of goods sold. (a) Sewing $ 2,377,000 (b) Finished Goods $ 3,647,000 (c) Cost of goods sold $ 3,727,000

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