) In a job-order costing system, manufacturing overhead applied is recorded as a debit to: A) Raw Materials inventory. B) Finished Goods inventory. Work in Process inventory )Cost of Goods Sold. 17) Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (5,700 units) Variable expenses Contribution margin Fixed expenses Net operating income 319,200 188,100 131,100 106,500 24,600 S $ If the company sells 5,300 units, its net operating income should be closest to: A) $24,600 B) $2,200 c) $22,874 D)S15,400