Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: The journal entry to record the transfer of completed goods from Work in Process to Finished Goods is:

A)
B)
C)
D)

The transfer of completed goods from Work in Process to Finished Goods is a debit to Finished Goods for the total cost of the completed goods and a credit to Work in Process for the same amount. Option B shows a debit to Finished Goods for $2,865,000 and a credit to Work in Process for $2,865,000, which reflects the total cost of the completed goods transferred to Finished Goods.