The Mantle Company produces miniature baseballs that are used for promotions at professional baseball games. The balls are produced in two processes: Forming and Finishing. The following information represents the activity of the Forming department: All materials are placed into production at the beginning of the process in the forming department. For questions 13 through 16, assume that Mantle had no beginning inventories in the Forming Department. Question 27 (3.5 points) The entry to record the cost of materials placed in production is WIP Forming $50,000 Raw-Materials Inventory $50,000 Raw-Materials Inventory $50,000 Accounts Payable or Cash $50,000 WIP - Finishing $50,000 Raw-Materials Inventory $50,000