Altina Company Just Finished Job A40

Altina Company just finished job A40. It included $400 of direct materials, and $3,600 of direct labor. Altina uses a predetermined manufacturing overhead rate based on a percentage of direct labor costs. That rate is 40%. The entry to record the completion of the job should be a:

A) debit to Finished goods $5,440, and a credit to Materials inventory $5,440.
B) debit to Cost of goods sold $5,440, and a credit to Finished goods $5,440.
C) debit to Finished goods $5,440, and a credit to Work in process $5,440.
D) debit to Work in process $5,440, and a credit to Finished goods $5,440.