Luker Corporation uses a process costing system. The company had $171,500 of beginning Finished Goods Inventory on October 1. Luker completed and transferred to finished goods a total of $848,000. The ending Finished Goods Inventory balance on October 31 was $169,200. The entry to account for the cost of goods manufactured during October is: Debit Cost of Goods Sold $848,000, credit Finished Goods Inventory $848,000 Debit Cost of Goods Sold $850.300, credit Work in Process Inventory $850,300 Debit Finished Goods Inventory $848.000, credit Work in Process Inventory $848,000 Debit Finished Goods Inventory $169.200: credit Cost of Goods Sold $169.200 Debit Cost of Goods Sold $850.300, credit Finished Goods Inventory $850,300