Question Help The Finishing Department of Bailey and Watson, Inc., the last department in the manufacturing process, incurred production costs of $350,000 during the month of June. If the June 1 balance in Work-in-Process Inventory- Finishing is $O and the June 30 balance is $40,000, what amount was transferred to Finished Goods Inventory? Determine the formula, then enter the amounts to calculate the amount transferred to Finished Goods Inventory (Enter"0" for zero balances. Abbreviation used: FG finished goods, WIP: work-in-process.) - Transferred to FG Inventory Beginning WIP Ending WIP Equivalent units Production costs