Acme Company has three sequential processing departments: P, Q, and R. Department Q reports the following results for the month of October ("WIP" stands for work in process): Units in beginning WIP inventory Beginning WIP inventory, transferred-in costs Beginning WIP inventory, direct material costs Beginning WIP inventory, conversion costs Units transferred-in Transferred-in costs Direct materials added Conversion costs incurred Units completed Units in ending WIP inventory O Dr. WIP-Dept P $640,000; Cr. WIP-Dept Q $640,000 O Dr. WIP-Dept Q $731,000; Cr. WIP-Dept P $731,000 O Dr. WIP-Dept P $731,000; Cr. WIP-Dept Q $731.000 O Dr. WIP-Dept Q $640,000; Cr. WIP-Dept P $640,000 9,000 units $91,000 $25,600 $23,750 47,000 units $640,000 $155,040 $230,710 What is the journal entry to record the transfer of products from Department P to Department Q during the month of October? None of the above 43,000 units 13,000 units

Acme Company has three sequential processing departments: P, Q and R. Department Q reports the following results for the month of October (WIP'stands for work in process): What is the journal entry to record the transfer of products from Department P to Department Q during the month of October? Dr. WiP.Dept P \$640.000: Cr. WiP-Dept Q $640000 D. WIP-Dept Q \$731000, Cr. W1P-Dept P $731.000 Dr. Wip-Dept P \$731.000; Cr. WiP-Dept Q\$731000 Dr. WIP-Dept Q $640,000, Cr. WIP-Dept P S640.000 None of the above