Question: please answer the following based on FIFO method. Thank you in advance :) Pro-Weave manufactures stadium blanicets by passing the products through a weaving department

please answer the following based on FIFO method.
please answer the following based on FIFO method. Thank you in advance
:) Pro-Weave manufactures stadium blanicets by passing the products through a weaving
Thank you in advance :)

Pro-Weave manufactures stadium blanicets 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 20-24 (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 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 joumal 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. 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: The following additional information describes the company's manufacturing activities for June: Exercise 20-25 (Algo) Recording product costs LO P3 1. Prepare journal entries dated June 30 to record: (a) raw materials purchases, (b) direct materials used, (c) indirect materials used, (d) direct labor used, (e) indirect labor used, (f) other actual overhead costs, and (g) overhead applied

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