Dazzle, Inc A) Debit Work in Process Inventory $432,000; Credit Cash $432,000

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for goods transferred from production to finished goods is: $\begin{array} { | l | r | } \hline \text { Direct materials used } & \$ 87,000 \\\hline \text { Direct labor used } & 160,000 \\\hline \text { Predetermined overhead rate (based on direct labor) } & 155 \% \\\hline \text { Goods transferred to finished goods } & 432,000 \\\hline \text { Cost of goods sold } & 444,000 \\\hline \text { Credit sales } & 810,000 \\\hline\end{array}$

A) Debit Work in Process Inventory $432,000; credit Cash $432,000.
B) Debit Work in Process Inventory $444,000; credit Finished Goods Inventory $444,000.
C) Debit Finished Goods Inventory $444,000; credit Work in Process Inventory $444,000.
D) Debit Work in Process Inventory $432,000; credit Finished Goods Inventory $432,000.
E) Debit Finished Goods Inventory $432,000; credit Work in Process Inventory $432,000.