Bangles and Bobbles produces beads used to make jewelry. The following information summarizes production operations for April. The journal entry to record the transfer of goods from Work in Process to Finished Goods.

Direct materials used	$96,000
Direct labor used	115,000
Predetermined overhead rate (based on direct labor)	140%
Goods transferred to finished goods	392,000
Cost of Goods sold	478,000
Credit Sales	925,000

		Debit Finished Goods Inventory $478,000; credit Work in Process Inventory $478,000.
		Debit Work in Process Inventory $478,000; credit Finished Goods Inventory $478,000.
		Debit Finished Goods Inventory $392,000; credit Work in Process Inventory $392,000.
		Debit Work in Process Inventory $392,000; credit Finished Goods Inventory $392,000.