Cool Sun produces awnings and screens. Prepare journal entries to reflect the following transactions. After you complete the entries, determine the amount to include in raw materials, work in process, and finished goods.

Aug. 4, 20X5	Purchased fabric and aluminum to be used in the manufacturing process. The purchase price was $3,000, on account.
Aug. 8, 20X5	Transferred 50% of the raw materials purchased on August 4 into production.
Aug. 8, 20X5	Incurred direct labor costs of $2,000. Factory overhead is applied at 30% of the direct labor cost.
Aug. 9, 20X5	Transferred completed awnings with total assigned costs of $3,300 to finished goods.
Aug. 10, 20X5	Selling price for half of finished good is $3,000. Selling half of finished goods percentage is 50%

A.

Raw materials	1,600
Work in process	850
Finished goods	1,680

B.

Raw materials	1,500
Work in process	800
Finished goods	1,650

C.

Raw materials	1,460
Work in process	750
Finished goods	1,430

D.

Raw materials	1,580
Work in process	840
Finished goods	1,430

E.

Raw materials	1,320
Work in process	650
Finished goods	1,780

F.

None of the above