The Cost of Production of Completed and Transferred Goods During

The cost of production of completed and transferred goods during the period amounted to $540,000, and the finished products shipped to customers had production costs of $375,000. The entry to record the transfer of costs from finished goods to cost of goods sold is

A) Finished Goods Cost of Goods Sold
540,000
540,000
B) Finished Goods Cost of Goods Sold
375,000
375,000
C) Cost of Goods Sold Finished Goods 375,000
375,000
D) Cost of Goods Sold Finished Goods 540,000
540,000