When a job costing $2,000 is sold, one of the journal entries would be:

Group of answer choices

A. Debit Finished Goods 2,000; Credot COGS 2,000

B. Debit Finished Goods 2,000; Credit WIP 2,000

C. Debit COGS 2,000; Credit FG 2,000

D. Debit WIP 2,000; Credit FG 2,000

If the job sold for retail price of $2,000, the journal entry would be:

Group of answer choices

A.Debit COGS 2,000; Credit FG 2,000

B Debit Finished Goods 2,000; Credit COGS 2,000

C. Debit AR 2,000; Credit Sales 2,000

D. Debit Finished Goods 2,000; Credit WIP 2,000

If the cost per unit is $10, you have beginning inventory of 2,000, produced 50,000 units, and sold 51,000 units, the cost of ending inventory is:

Group of answer choices

A. $10

B. $1,000

C. $10,000

D. $50,000