ACorporation manufactures canoes in two departments, Fabrication and Waterproofing anduses a weighted-average process cost system to collect costs.The units start in Fabrication, are completed in Waterproofing, and transferred to the Finished Goods warehouse.What journal entry should A Corporationmake to record the completion of the production process by the Waterproofing Department?

Multiple Choice

• Manufacturing OverheadXXXWork in Process - WaterproofingXXX
• Finished GoodsXXXWork in Process - FabricationXXXWork in Process - WaterproofingXXX
• Finished GoodsXXXWork in Process - WaterproofingXXX
• Raw MaterialsXXXWork in Process - WaterproofingXXX