Activity Est. Indirect Activity Allocation base Cost allocation rate Costs Materials $62,000 Material moves $5.00/ move Assembling $185,000 Direct labor hours $7.00/dir. labor hour Packaging $60,000 # of finished units $3.50/finished unit The following units were produced in December with the following information: Part # # Produced Materials Costs # Moves Dir. Labor Hrs. Part 001 1,250 $3,500 100 300 Part 002 5,500 $7,000 200 200 Part 003 3,950 $6,000 2,700 1,350 Total packaging fees for all three parts is: A. $74,900 B. $23,625 C. $37,450 D. $10,500 When the last process of the product has been completed and the product is transferred to storage for sale to the final customer, what journal entry does the company record? XXX O A WIP Inventory - Shaping XXX WIP Inventory - Finishing OB Finished Goods Inventory XXX Raw Materials Inventory XXX OC Finished Goods Inventory XXX WIP Inventory (Last Process) XXX D. Cost of Goods Sold XXX Finished Goods Inventory XXX