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Spud Inc. makes potato chips and uses process costing. The process-costing system has six departments that take place in the following order: 1) Cleaning 2)

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Spud Inc. makes potato chips and uses process costing. The process-costing system has six departments that take place in the following order: 1) Cleaning 2) Slicing 3) Frying 5) Inspection and 6) Packaging. What is the accounting entry to record the completion of goods in the Inspection department? Finished Goods $XXX Work-in-Process-Inspection $XXX Work-in-Process-Packaging $XXX Work-in-Process-Inspection \$XXX Work-in-Process - Inspection $XXX Work-in-Process-Packaging \$XXX No accounting entry is made to record the transfer of costs from one department to the next department Work-in-Process-Inspection $XXX Work-in-Process-Frying $XXX

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