During October, Beidleman Inc. transferred $62,900 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $68,500. The journal entries to record these transactions would include a:

credit to Cost of Goods Sold of $68,500

credit to Work in Process of $62,900

credit to Finished Goods of $62,900

debit to Finished Goods of $68,500