8) Twinnings Corporation manufactures Scheduling Books. There are two processes: printing and binding. (4pt The following information is given for the printing department for September. Units: Units, beginning work in process 40,000 (20% complete for materials, 60% complete for conversion) Started 300,000 Completed Units, ending work in process 50,000 (25% complete for materials, 80% complete for conversion) Costs: Materials Conversion Total beginning work in process $ 2,160 current costs $ 6,080 $220.875 $226,955 $30.600 $32,760 $ 8,240 $251,475 $259,715 total costs The company uses FIFO inventory assumption. What is the journal entry for the cost of goods sent to binding? work in process - binding $246,500 work in process - printing $246,500 work in process - printing $246,340 total costs $226,955 $32,760 $259,715 The company uses FIFO inventory assumption. What is the journal entry for the cost of goods sent to binding? I work in process - binding $246,500 work in process - printing $246,500 work in process - printing $246,340 work in process - binding $246,340 work in process - binding $246,340 work in process - printing $246,340 work in process - printing $246,500 work in process - binding $246.500 D none of the above