Ace Company's accounting records reflect the following inventories: Dec. 31, 2018 Dec. 31. 2017 Raw materials inventory $620,000 $520,000 Work in process inventory 600,000 220,000 Finished goods inventory 380,000 100,000 During 2018, $900,000 of raw materials were purchased, direct labor costs amounted to $1,000,000, and manufacturing overhead incurred was $960,000. If Ace Company's cost of goods manufactured for 2018 amounted to $2,760,000, its cost of goods sold for the year is Select one: A. $2,760,000 B. $2,400,000 C. $2,480,000. D. $2,300,000. E. $2,660,000 F. None of the above. When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is Select one: O A Finished Goods Inventory Direct Materials Direct Labor Manufacturing Overhead O B. Work In Process Inventory Direct Materials Direct Labor Manufacturing Overhead C. Raw Materials Inventory Work In Process Inventory O D. Finished Goods Inventory Work In Process Inventory O E. None of the above