Selected information from Skylar Studios shows the following: Raw materials purchased Direct materials Direct labor Factory depreciation $5,000 $2,000 $12,000 $2,000 Total manufacturing overhead incurred $16,500 Machine hours per month Unit cost for material 29,000 $3 Unit cost of conversion $8 Number of units transferred 14,000 F. Prepare journal entry to record the transfer from department 1 to department 2. Work in Process 2 Work in Process 1 181,500 X 181,500 X