Altima, Inc. finished Job A40 on the last working day of the year. It utilized $300 of direct materials and $3,400 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 OA. debit to Finished Goods Inventory $5,060 and a credit to Materials Inventory $5,060 B. debit to Work-in-Process Inventory $5,060 and a credit to Finished Goods Inventory $5,060 C. debit to Cost of Goods Sold $5,060 and a credit to Finished Goods Inventory $5,060 D. debit to Finished Goods Inventory $5,060 and a credit to Work-in-Process Inventory $5,060