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11 Dazzle Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities

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11 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 labor usage is: 01:48:39 Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales $103,000 176,000 150% 448,000 460,000 826,000 Multiple Choice Debit Factory Wages Payable $176,000, credit Cash $176,000. Debit Work in Process Inventory $176,000, credit Factory Wages Payable $175,000. Debit Cost of Goods Sold $176,000 credit Factory Wages Payable $176,000. Debit Work in Process Inventory $176,000; credit Raw Materials inventory $176,000. Debit Work in Process Inventory $176,000 credit Cash $176,000. 12 Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is: 01:46:30 Beginning work in Process (40% complete, $2,300) Ending inventory of work in Process (80% complete) Total units started during the year 320 units 520 units 4,400 units Multiple Choice 5,008 units 4,200 units. 4,432 units. 4,600 units. 4,400 units

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