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 Inventory Raw materials inventory $ 180,000 $ 197,000 Work in process inventory—Weaving 430,000 435,000 Work in process inventory—Sewing 670,000 875,000 Finished goods inventory 1,356,000 1,256,000 The following additional information describes the company’s manufacturing activities for June: Raw materials purchases (on credit) $ 630,000 Factory payroll cost (paid in cash) 3,120,000 Other factory overhead cost (Other Accounts credited) 200,000 Materials used Direct—Weaving $ 256,000 Direct—Sewing 141,000 Indirect 136,000 Labor used Direct—Weaving $ 1,375,000 Direct—Sewing 385,000 Indirect 1,650,000 Overhead rates as a percent of direct labor Weaving 85 % Sewing 170 % Sales (on credit) $ 4,500,000 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.