Atlace Manufacturers Uses a Standard Costing System *Allocated Based on Direct Labor Hours

Atlace Manufacturers uses a standard costing system. Data on standard costs and actual costs are as follows:
$\begin{array} { l r r } \text { Direct materials: } & \text { Standard } & \text { Actual } \\ \text { Raw material units per unit of output } & 2.0 & 3.3 \\ \text { Price per unit of raw material } & \$ 5.00 & \$ 4.80 \\ \text { Materials cost per unit } & \$ 10.00 & \$ 16.00 \\ \text { Number of units } & 3,000 & 3,000 \\ \text { Direct materials cost } & \$ 30,000 & \$ 48,000 \end{array}$
$\begin{array} { l r r } \text { Direct labor: } & \text { Standard } & \text { Actual } \\ \text { Hours per unit } & 0.5 & 0.4 \\ \text { Cost per hour } & \$ 18.00 & \$ 20.00 \\ \text { Labor cost per unit } & \$ 9.00 & \$ 8.00 \\ \text { Number of units } & 3,000 & 3,000 \\ \text { Direct labor cost } & \$ 27,000 & \$ 24,000 \end{array}$
$\begin{array} { l r r } \text { Variable overhead* } & \text { Standard } & \text { Actual } \\ \text { Hours per unit } & 0.5 & 0.4 \\ \text { Cost per hour } & \$ 30.00 & \$ 29.00 \\ \text { Variable overhead cost per unit } & \$ 15.00 & \$ 11.60 \\ \text { Number of units } & 3,000 & 3,000 \\ \text { Variable overhead cost } & \$ 45,000 & \$ 34,800 \end{array}$
*allocated based on direct labor hours
$\begin{array} { l r r } \text { Fixed overhead* } & \text { Standard } & \text { Actual } \\ \text { Hours per unit } & 0.5 & 0.4 \\ \text { Cost per hour } & \$ 10.00 & \$ 9.00 \\ \text { Fixed overhead cost per unit } & \$ 5.00 & \$ 3.60 \\ \text { Number of units } & 3,000 & 3,000 \\ \text { Fixed overhead cost } & \$ 15,000 & \$ 10,800 \end{array}$
*allocated on the basis of direct labor hours
Give journal entry to transfer the cost of units from Work-in-Process Inventory to Finished Goods Inventory.