Alpha company has the following information

WIP 1/1/17- 100,000 units

Units Started into production - 575,000 units

WIP 12/31/17- 75,000 units

Direct material put into production- $575,000

Direct labor put into production- $240,000

Factory overhead put into production- $603, 750

The beginning WIP was 100% complete as to direct materials and 75% as to conversion costs

The ending WIP was 100% complete as to direct materials and 50% complete as to convertion costs.

The beginning work in process consisted of:

Direct material- $100,000

Conversion costs- $112,500

Alpha Company uses weighted average method. Use this information to prepare December 31, 2017 summary general journal entries, to record the direct material, direct labor and factory overhead into the work in process account for FY 2017. Prepare the December 31, 2017 general journal entry to transfer completed units to the finished goods inventory