Assume that a company provided the following T-account 03:31:33 Beg. Bal. Work in Process 18,000 480,000 600,000 666,250 1,680,000 84,250 eferences End. Bal. Based on the transactions recorded in this account, which of the following must be true? Multiple Choice The manufacturing overhead applied to production must equal $1,680,000. The manufacturing overhead applied to production must equal $84,250. The cost of goods manufactured must be $1,680,000. Song The cost of goods sold must be $1,680,000