Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Units Completed and transferred out Units in Ending Work in Process: Conversion 15,000 Direct Materials 56,000 15,000 71,000 Direct Materials (15,000 * 100%) Conversion (15,000 * 70%) Equivalent Units of Production 10,500 66,500 Cost per Equivalent Unit Costs of beginning work in process Costs incurred this period Total costs Cost per equivalent unit $40,800 $ 60,100 136,900 $177,700 $2.50 per EUP 184,300 $244,400 $ 3.68 per EUIP If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the direct materials? Multiple Choice Work in Process-Labeling $177,700; Work in Process-Canning $177,700. Finished Goods-Labeling $244,400; Finished Goods-Canning $244,400 Finished Goods $140,000; Work in Process $140,000 Work in Process-Labeling $177,700; Finished Goods-Canning $177.700. Work in Process-Labeling $140,000; Work in Process-Canning $140,000