Pro-Weave manufactures stadium blankets by passing the products through a weaving department and then a sewing department. The following information is available regarding its June inventories: Beginning Ending Inventory Inventory Raw materials inventory $152,000 $ 237,000 345,000 Work in process inventory-Weaving 380,000 Work in process inventory-Seving 680,000 955,000 Finished goods inventory 1,336,000 1,376,000 The following additional information describes the company's manufacturing activities for June: Rav materials purchases (on credit) S 635,000 170,000 Other actual overhead cost (paid in canh). Materials used Direct-Weaving $ 296,000 Direct-Seving Indirect 135,000 132,000 Direct Weaving $1,275,000 500,000 Direct-Seving Indirect 1,600,000 Overhead rates as a percent of direct labori Weaving Sewing 165 Sales (on credit) $ 4,900,000 Required: 1. Compute the (o) cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods, subtract the ending Inventory to get and (c) cost of goods sold. Hint Compute the total production costs in each department and the amount transferred out of cach department. 2. Prepare journal entries dated June 30 to record (o) 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. *** Noyt Labor used 90% fact 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. Required 1 Required 2 Compute the (a) cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished es goods, and (c) cost of goods sold. (a) Transferred from Weaving to Sewing (b) Transferred from Sewing to Finished Goods (c) Cost of goods sold Required 2 > 12 ces Required information Required 1 Required 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. View transaction list Journal entry worksheet < A B C D Record the goods transferred from weaving to sewing. Note: Enter debits before credits General Journal Credit Date June 30 Clear entry View general Journal Record entry Debit