Dazzle, Incorporated produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:

Direct materials used	$ 99,000
Direct labor used	172,000
Predetermined overhead rate (based on direct labor)	160%
Goods transferred to finished goods	444,000
Cost of goods sold	456,000
Credit sales	822,000

Multiple Choice

Debit Work in Process Inventory $172,000; credit Accounts Receivable $172,000.

Debit Work in Process Inventory $172,000; credit Raw Materials Inventory $172,000.

Debit Cost of Goods Sold $172,000; credit Factory Wages Payable $172,000.

Debit Work in Process Inventory $172,000; credit Factory Wages Payable $172,000.

Debit Factory Wages Payable $172,000; credit Cash $172,000.