18 Highland Manufacturing has two processing departments, Department I and Department II. During the year, direct materials worth $38,000 purchased on account were assigned to Department I. At the end of the year, when the production cost report for Department I was prepared, Highland assigned $40,000 to the units transferred from Department I to Department II.The journal entry to record the transfer of units to Department II will _____________________________.

Group of answer choices

debit Work-in-Process InventoryDepartment I for $38,000 and credit Work-in-Process InventoryDepartment II for $38,000

debit Work-in-Process InventoryDepartment II for $40,000 and credit Work-in-Process InventoryDepartment I for $40,000

debit Work-in-Process InventoryDepartment I for $40,000 and credit Work-in-Process InventoryDepartment II for $40,000

debit Work-in-Process InventoryDepartment II for $38,000 and credit Work-in-Process InventoryDepartment I for $38,000