Question: Exam 2 Help Save & Exit Submit Luker Corporation uses a process costing system. The company had $162,500 of beginning Finished Goods Inventory on October

Exam 2 Help Save & Exit Submit Luker Corporation uses a process costing system. The company had $162,500 of beginning Finished Goods Inventory on October 1lt transferred in 5839,000 of units completed during the period. The ending Finished Goods Inventory balance on October 31 was $150.200. The entry to account for the cost of goods sold in October is (8 02:05 Multiple Choice o Debit Cost of Goods Sold $39.000, cred Fished Goods Invemory $339,000 o Debit Cost of Goods Sold $841,300 credit Work in Process invertory $841300 o Debit Finished Goods Inventory $839.000 credit Work in Process Inventory $19000 C Debt Finished Goods Inventory 0.200 credit Cost of Goods Sold 5160200 Help Save & Submit Debit Cost of Goods Sold 5839000 creditched Goods Inventory $8.39.000 Debit Cost of Goods Sold $841.300 credit Work in Process Inventory $40300 Debit Fished Goods Inventory $839.000 credit Work in Process inventory $839,000 Debit Finished Goods Inventory $150.200. credit Cost of Goods Sold $ 200 Debit Cost of Goods Sold $841.300 creditshed Goods vemory $4.300 . O Type here to search
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