Here is some basic data for Shannon Compar: Cost of materials purchases on account Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory $72,100 $53,900 $79,600 $87,000 $257,550 $167.000 $17,000 $33.100 $35,500 125% O A Credit to Manufacturing Overhead account for $2.700 OB. debit to Overhead account for $51,200 OC. debit to Work-in - Process Inventory account for $51,200 OD. debit to Work-in-Process Inventory account for $53,000 TO Cost of materials purchases on account Cost of materials requisitioned (includes $2,700 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) The journal entry to record the cost of raw materials placed into production involves a O A. credit to Manufacturing Overhead account for $2,700. OB. debit to Overhead account for $51,200. OC. debit to Work -in - Process Inventory account for $51,200. OD. debit to Work - in - Process Inventory account for $53,900