3 20 TB MC Qu. 16-148 (Algo) Dazzle, Incorporated produces beads for... Dazzle, Incorporated 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: points Direct materials used $ 106,000 Direct labor used 179,000 01:36:05 Predetermined overhead rate (based on direct labor) Goods transferred to finished goods 160% 451,000 References Cost of goods sold Credit sales Multiple Choice Debit Work in Process Inventory $106,000; credit Cost of Goods Sold $106,000. 463,000 829,000 Debit Raw Materials Inventory $106,000; credit Finished Goods Inventory $106,000. Debit Raw Materials Inventory $106,000; credit Accounts Payable $106,000. Debit Work in Process Inventory $106,000; credit Raw Materials Inventory $106,000. Debit Cost of Goods Sold $106,000; credit Finished Goods Inventory $106,000.