Altima, Inc. finished Job A40 on the last working day of the year. It utilized $400 of direct materials and $2,750 of direct labor Altima uses a predetermined overbead 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 $4,250 and a credit to Materials Inventory $4,250 OB. debit to Finished Goods Inventory $4,250 and a credit to Work-in-Process Inventory $4,250 OC. debil to Cost of Goods Sold $4,250 and a credit to Finished Goods Inventory $4,250 OD. debit to Work-in-Process Inventory $4.250 and a credit to Finished Goods Inventory $4.250