uses a process costing system. The company had $160,500 of beginning Finished Luker Corporation Goods Inventory on October 1. It transferred in $837,000 of units completed during the period. The ending Finished Goods Inventory balance on October 31 was $158,200. The entry to account for the cost of goods manufactured during October is: 15 0/5 points awarded Multiple Choice Scored Debit Cost of Goods Sold $839,300; credit Work in Process Inventory $839,300. Debit Finished Goods Inventory $837000; credit Work in Process Inventory $837,000 Debit Cost of Goods Sold $839,300; credit Finished Goods Inventory $839,300. Debit Finished Goods Inventory $158,200; credit Cost of Goods Sold $158,200. Debit Cost of Goods Sold $837,000; credit Finished Goods Inventory $837,000. uses a job order costing system. During one month, Minstrel purchased Minstrel Manufacturing $198,000 of raw materials on credit, issued materials to production of $195,000 of which $30,000 4 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor Minstrel uses a predetermined overhead rate of 150 % of direct labor cost. The journal entry to record the issuance of materials to production is: 0/5 polnts awarded Scored Multiple Choice Debit Raw Materials Inventory $195,000; credit Work in Process Inventory $195,000. Debit Work in Process Inventory $195,000; credit Raw Materials Inventory $195,000. Debit Work in Process Inventory $165,000; debit Factory Overhead $30,000; credit Raw Materials Inventory $195,000 Debit Finished Goods Inventory $195,000, credit Raw Materials Inventory $195,000 Debit Raw Materials Inventory $195,000; credit Accounts Payable $195,000