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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June....

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 direct labor usage is:
           

Direct materials used $ 100,000​
Direct labor used 173,000​
Predetermined overhead rate (based on direct labor) 160​ %
Goods transferred to finished goods 445,000​
Cost of goods sold 457,000​
Credit sales 823,000​

A. Debit Cost of Goods Sold $173,000; credit Factory Wages Payable $173,000

B. Debit Work in Process Inventory $173,000; credit Factory Wages Payable $173,000

C. Debit Factory Wages Payable $173,000; credit Cash $173,000

D. Debit Work in Process Inventory $173,000; credit Raw Materials Inventory $173,000

E. Debit Work in Process Inventory $173,000; credit Cash $173,000

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The journal entry to record June production activities for direct labor usage is Answer : B. Debit Work in Process Inventory

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