MetaTB MC Qu$.3-165($Algo$)$ The following partially completed T$-$accounts...

The following partially completed T$-$accounts summarize transactions for Faaberg Corporation during the year:

Raw Materials

Debit Credit

Beginning Balance $4,7508,500$

$4,950$

Work in Process

Debit Credit

Beginning Balance $3,85021,950$

$5,950$

$8,250$

$8,050$

Finished Goods

Debit Credit

Beginning Balance $1,95020,150$

$21,950$

Manufacturing Overhead

Debit Credit

$2,5508,050$

$3,250$

$2,950$

Wages & Salaries Payable

Debit Credit

$20,150$ Beginning Balance $2,250$

$11,500$

Cost of Goods Sold

Debit Credit

$20,150$

The manufacturing overhead applied was:

Multiple Choice

$$2,950$

$$3,250$

$$8,050$

$$14,200$

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