Question Following is a partial process cost summary for Mitchell Manufacturing's Canning Department Equivalent Units of Production Direct Materials Conversion Units Completed and transferred out 50,000 50,000 Units in Ending Work in Process Direct Materials (15,000 100 ) 15,000 Conversion (15,000 80 ) 12,000 Equivalent Units of Production 65,000 62,000 Cost per Equivalent Unit Costs of beginning work in process $40,500 $59,700 Costs incurred this period 136,000 183,100 Total costs $176,500 $242,800 Cost per equivalent unit $2 71 per EUP $3 92 per EUP If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the direct materials Work in ProcessLabeling $135,500 Work in ProcessCanning $135,500 Work in ProcessLabeling $176,500 Work in ProcessCanning $176,500 Finished GoodsLabeling $135,500 Finished GoodsCanning $135,500 Work in ProcessLabeling $176,500 Finished GoodsCanning $176,500 Finished Goods $136,000 Work in Process $136,000

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Question: Question: Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Direct Materials Conversion Units Completed and transferred out

Question:

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of Production	Direct Materials	Conversion
Units Completed and transferred out	50,000	50,000
Units in Ending Work in Process:
Direct Materials (15,000 * 100%)	15,000
Conversion (15,000 * 80%)		12,000
Equivalent Units of Production	65,000	62,000
Cost per Equivalent Unit
Costs of beginning work in process	$40,500	$59,700
Costs incurred this period	136,000	183,100
Total costs	$176,500	$242,800
Cost per equivalent unit	$2.71 per EUP	$3.92 per EUP

If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the direct materials?

Work in ProcessLabeling $135,500; Work in ProcessCanning $135,500. Work in ProcessLabeling $176,500; Work in ProcessCanning $176,500. Finished GoodsLabeling $135,500; Finished GoodsCanning $135,500. Work in ProcessLabeling $176,500; Finished GoodsCanning $176,500. Finished Goods $136,000; Work in Process $136,000.

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