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			52,000					52,000
Units in Ending Work in Process:
Direct Materials (12,000 100%)			12,000
Conversion (12,000 80%)								9,600
Equivalent Units of Production			64,000					61,600
Cost per Equivalent Unit
Costs of beginning work in process		$	40,700				$	60,000
Costs incurred this period			136,700					184,000
Total costs		$	177,400				$	244,000
Cost per equivalent unit		$	2.77	per EUP			$	3.96	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 $184,000; Work in ProcessCanning $184,000.

• Work in ProcessLabeling $205,920; Work in ProcessCanning $205,920.

• Finished GoodsLabeling $184,000; Finished GoodsCanning $184,000.

• Work in ProcessLabeling $205,920; Finished GoodsCanning $205,920.

• Finished Goods $244,000; Work in Process $244,000.