O'Hare Company, Is a Manufacturing Firm That Uses a Job-Order

Multiple Choice

O'Hare Company, is a manufacturing firm that uses a job-order cost system to determine the costs of its products. During the current accounting period, O'Hare recognized cost of goods sold of $4,850 for job #132. The recognition of this event will include a decrease to which of the following accounts?

A) Cost of Goods Sold.
B) Production Supplies.
C) Work in Process Inventory.
D) Finished Goods Inventory.