Styles Text Box Theme . 2 . 1.1 . 1 2 1 3 1 4 . 1 5 1 6 1 1 7 : 1 8 1:9 : 1 10 . 1 1 1 1 12 1 13 . 1 141 1 161 1 At the beginning of 2012, Conway Manufacturing Company had the following account balances: WIP Inventory FG Inventory Manufacturing OH 2,000 8.000 During the year, the following transactions took place Direct materials placed in production: $80,000 Direct labor incurred: $190,000 Manufacturing overhead incurred $300,000 Manufacturing overhead allocated to production; $295,000 Cost of Jobs Completed $500,000 Selling Price of Jobs Sold Cost of Jobs Sold $750.000 $440.000 After these transactions have been recorded, the balance in the Finished Goods Inventory is a: Select one: a. debit of $65,000 b. debit of $68,000 c. debit of $67,000 d. debit of $60,000 At the beginning of 2012, Conway Manufacturing Company had the following account balances: WIP Inventory FG Inventory 2,000 8,090 During the year, the following transactions took place: Direct materials placed in production: $80,080 Direct labor incurred: $190,000 Manufacturing overhead incurred Manufacturing overhead allocated to production: $300,090 Cost of Jobs Completed $295.000 Cost of Jobs Sold $500,080 Selling Price of Jobs Sold $440.000 $750,000 After recording all these transactions, the adjusted Cost of Goods Sold account is a: Select one