Dazzle, Inc. produces beads for jewelry making use. The following

information summarizes production operations for June. The journal entry to record June production activities for goods transferred from production to finished goods is:

Direct materials used $87,000
Direct labor used 160,000
Predetermined overhead rate (based on direct labor) 155%
Goods transferred to finished goods 432,000
Cost of goods sold 444,000
Credit sales 810,000

A.Debit Finished Goods Inventory $432,000; credit Work in Process Inventory $432,000.

B.Debit Work in Process Inventory $444,000; credit Finished Goods Inventory $444,000.

C.Debit Finished Goods Inventory $444,000; credit Work in Process Inventory $444,000.

D.Debit Work in Process Inventory $432,000; credit Finished Goods Inventory $432,000.

E.Debit Work in Process Inventory $432,000; credit Cash $432,000.

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