The cost of production of completed and finished goods during the period amounted to $400,000, and the finished products shipped to customers had total production costs of $337,000. From the following, select the entry to record the transfer of costs from work in process to finished goods
A) Finished Goods 337,000Work in Process 337,000
B) Finished Goods 400,000Work in Process 400,000
C) Work in Process 400,000Finished Goods 400,000
D) Work in Process 337,000Finished Goods 337,000
B
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