Business, 25.11.2021 14:00 Deliriousg636

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 direct material usage is: Direct materials used $97,000
Direct labor used 170,000
Predetermined overhead rate (based on direct labor) 150%
Goods transferred to finished goods 442,000
Cost of goods sold 454,000
Credit sales 820,000

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 Work in Process Inventory $432,000; credit Finished Goods Inventory $432,000.
d. Debit Finished Goods Inventory $444,000; credit Work in Process Inventory $444,000.
e. Debit Work in Process Inventory $432,000; credit Cash $432,000.

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

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