Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Direct Materials ConversionUnits Completed and transferred out 50,000 50,000Units in Ending Work in Process: Direct Materials (15,000 * 100%) 15,000 Conversion (15,000 * 80%) 12,000Equivalent Units of Production 65,000 62,000Cost per Equivalent Unit Costs of beginning work in process $40,500 $59,700Costs incurred this period 136,000 183,100Total costs $176,500 $242,800Cost per equivalent unit $2.71 per EUP $3.92 per EUPIf the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the direct materials?Finished Goods $136,000; Work in Process $136,000.Work in Process—Labeling $176,500; Finished Goods—Canning $176,500.Finished Goods—Labeling $135,500; Finished Goods—Canning $135,500.Work in Process—Labeling $135,500; Work in Process—Canning $135,500.Work in Process—Labeling $176,500; Work in Process—Canning $176,500.