Altima, Inc. finished Job A40 on the last working day of the year. It utilized $300 of direct materials and $3,310 of direct labor. Altima uses a predetermined overhead allocation rate based on direct labor costs, which has been fixed at 40%. The entry to record the completion of the job should involve a A. debit to Finished Goods Inventory $4.934 and a credit to Work-in-Process Inventory $4.934 B. debit to Cost of Goods Sold $4,934 and a credit to Finished Goods Inventory $4.934 C. debit to Finished Goods Inventory $4.934 and a credit to Materials Inventory $4,934 D. debit to Work-in-Process Inventory $4.934 and a credit to Finished Goods Inventory $4.934 O O