Here is selected data for Lori Corporation:Cost of raw material purchased$77,000Cost of requisitione

Here is selected data for Lori Corporation:

Cost of raw material purchased   $77,000
Cost of requisitioned direct materials    43,000
Cost of requisitioned indirect materials   3,000
Direct labor   80,000
Manufacturing overhead incurred    100,000
Cost of goods completed    233,500
Cost of goods sold   142,000
Beginning raw materials inventory    17,000
Beginning work in process inventory   32,000
Beginning finished goods inventory   35,000
Manufacturing overhead allocation rate (based on direct labor)    130%

The journal entry to close manufacturing overhead would include a
A) credit to Manufacturing Overhead account for $4,000.
B) credit to Work-in-Process Inventory account for $4,000.
C) credit to Cost of Goods Sold account for $4,000.
D) debit to Work-in-Process Inventory account for $4,000.