Here is some basic data for Callor Corporation:

Beginning raw materials inventory	$36,000
Beginning finished goods inventory	54,000
Cost of direct materials requisitioned	85,000
Actual manufacturing overhead	162,000
Cost of goods sold	260,000
Beginning work in process inventory	64,000
Cost of materials purchased	148,000
Direct labour incurred	135,000
Completed goods	295,000
Manufacturing overhead rate (% of direct labour)	125%

At Callor Corporation, the entry to record the cost of goods completed would include

Select one:

a. a credit to work in process inventory for $260,000.

b. a debit to work in process inventory for $260,000.

c. a credit to finished goods inventory for $295,000.

d. a debit to finished goods inventory for $295,000.

Please kindly explain the answer. Thank you