At the beginning of the year, Tea Tree Manufacturing had the following account balances: Work-in-Process Inventory 2,000 Finished Goods Inventory 8,000 Manufacturing Overhead 0 Cost of Goods Gold O A. credit of $295,000 B. debit of $6,100 O C. credit of $6,100 OD. debit of $301,100 Summit Financial Advisors provides accounting and finance assistance to customers in the retail business. Summit has four professionals on staff and an office with six clerical staff. Total compensation, including benefits, for the professional staff run about $738,000 per year, and it normally has about 9,000 billable hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $558,000. Summit allocates office and administrative costs to clients monthly, using a predetermined overhead allocation rate based on billable hours. During July, Summit's professionals spent 39 hours on their client. What is the total amount of cost that Summit will record for the client for the month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) OA. $2,418 B. $3,198 O c. $5,616 OD. $1,296,000