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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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