Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct material usage is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales $ 87,000 160,000 155% 432,000 444,000 810,000 Multiple Choice Debit Raw Materials Inventory $87000, credit Accounts Payable $87,000. o Debit Raw Materials Inventory $87,000, credit Finished Goods Inventory $87,000.