Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of Production	Direct Materials					Conversion
Units Completed and transferred out			72,000					72,000
Units in Ending Work in Process:
Direct Materials (15,000 100%)			15,000
Conversion (15,000 70%)								10,500
Equivalent Units of Production			87,000					82,500
Cost per Equivalent Unit
Costs of beginning work in process		$	41,100				$	60,500
Costs incurred this period			137,800					185,500
Total costs		$	178,900				$	246,000
Cost per equivalent unit		$	2.06	per EUP			$	2.98	per EUP

If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the conversion costs?

Multiple Choice

• Work in ProcessLabeling $185,500; Work in ProcessCanning $185,500.

• Work in ProcessLabeling $214,560; Work in ProcessCanning $214,560.

• Finished GoodsLabeling $185,500; Finished GoodsCanning $185,500.

• Work in ProcessLabeling $214,560; Finished GoodsCanning $214,560.

• Finished Goods $246,000; Work in Process $246,000.