A manufacturer uses process costing. There is never any Work-in-Process. During the month, the company produced 1,000 units and sold 700 units. For this month, all beginning inventories were zero. The company reported the following costs for the month: $ 12,000 direct materials used in production 9,000 direct labor 10,000 advertising

The journal entry for the sale of the 700 units would include:

a. debit cost of goods sold for $14,700 b. debit cost of goods sold for $21,700 c. credit cost of goods sold for $14,700 d. credit cost of goods sold for $21,700