Following Is a Partial Process Cost Summary for Mitchell Manufacturing's

question 125

Multiple Choice

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.
-If the units completed were transferred to the Labeling Department,what is the appropriate journal entry to transfer the direct materials?

• A)Work in Process-Labeling $135,500; Work in Process-Canning $135,500.
• B)Work in Process-Labeling $176,500; Work in Process-Canning $176,500.
• C)Finished Goods-Labeling $135,500; Finished Goods-Canning $135,500.
• D)Work in Process-Labeling $176,500; Finished Goods-Canning $176,500.
• E)Finished Goods $136,000; Work in Process $136,000.