River Falls Manufacturing uses a normal cost system and had the following data available for 2018: Direct materials purchased on account $150,000 Direct materials requisitioned 84,000 Direct labor cost incurred 125,000 Factory overhead incurred 146,000 Cost of goods completed 288,000 Cost of goods sold 258,000 Beginning direct materials inventory 25,000 Beginning WIP inventory 69,000 Beginning finished goods inventory 51,000 Overhead application rate, as a percent of direct-labor costs 120 percent The journal entry to record the materials placed into production would include a . A) credit to Direct Materials Inventory for $84,000 B) debit to Direct Materials Inventory for $150,000 C) credit to WIP Inventory for $84,000 D) debit to WIP Inventory for $150,000