On January 1, Frederic Manufacturing had a beginning balance in Work-in-Process Inventory of $164,000 and a...

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On January 1, Frederic Manufacturing had a beginning balance in Work-in-Process Inventory of $164,000 and a beginning balance in Finished Goods Inventory of $26,000. During the year, Frederic incurred manufacturing costs of $206,000. During the year, the following transactions occurred: Job C-62 was completed for a total cost of $140,000 and was sold for $155,000. Job C-63 was completed for a total cost of $184,000 and was sold for $214,000. Job C - 64 was completed for a total cost $80,000 but was not sold as of year-end. The Manufacturing Overhead account had an unadjusted credit balance of $24,000 and was adjusted to zero at year-end. What was the final balance in the Cost of Goods Sold account? OA. $348,000 credit balance B. $300,000 debit balance c. $300,000 credit balance D. $348,000 debit balance. On January 1, Frederic Manufacturing had a beginning balance in Work-in-Process Inventory of $164,000 and a beginning balance in Finished Goods Inventory of $26,000. During the year, Frederic incurred manufacturing costs of $206,000. During the year, the following transactions occurred: Job C-62 was completed for a total cost of $140,000 and was sold for $155,000. Job C-63 was completed for a total cost of $184,000 and was sold for $214,000. Job C - 64 was completed for a total cost $80,000 but was not sold as of year-end. The Manufacturing Overhead account had an unadjusted credit balance of $24,000 and was adjusted to zero at year-end. What was the final balance in the Cost of Goods Sold account? OA. $348,000 credit balance B. $300,000 debit balance c. $300,000 credit balance D. $348,000 debit balance.