Complete Digital Products manufactures digital cameras. For October, there were no beginning inventories of direct materials and no beginning or ending work in process. Conversion costs is the only indirect manufacturing cost category currently used. Journal entries are recorded when materials are purchased and when units are sold. Conversion costs - October Direct materials purchased and used- October Units produced - October Units sold - October Selling price $ 45,200 $125,200 40,000 units 37,500 units $10 each Which of the following journal entries would be recorded when units are sold for the month? 159,750 114,750 OA) Cost of Goods Sold Inventory: Raw and In-Process Conversion Costs Allocated i Cost of Goods Sold | 45,000 n 159.750 A) Cost of Goods Sold 159,750 Inventory: Raw and In-Process Conversion Costs Allocated OB) Cost of Goods Sold 114,750 45,000 159,750 Inventory: Raw and In-Process 159,750 159,750 117,375 Oc) Cost of Goods Sold Inventory: Raw and In-Process Conversion Costs Allocated D) Inventory: Raw and In-Process 42,375 117,375 42,375 Conversion Costs Allocated Cost of Goods Sold 159,750