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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June

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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales 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 $ 84,000 $154,500 125% $442,000 $454,000 $828,000 Multiple Choice Debit Accounts Receivable $828,000; credit Cost of Goods Sold $828,000. Debit Accounts Receivable $828,000; credit Sales $374,000; credit Finished Goods Inventory $454,000. Debit Cost of Goods Sold $454,000; credit Sales $454,000. Debit Finished Goods Inventory $454,000; debit Sales $828,000; credit Accounts Receivable $828,000; credit Cost of Goods Sold $454,000. Debit Accounts Receivable $828,000, credit Sales $828,000; debit Cost of Goods Sold $454,000; credit Finished Goods Inventory $454,000

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