Cathy Company has the following partially completed T-accounts that summarize its transactions during the year: Direct Material Inventory + Bal. 1/1 $3,000 $10,000 12,000 Work-in-Process Bal. 1/1 $5,250 $24,875 10,000 18,000 36,000 Finished Goods Direct Labor Wages Payable + Bal. 1/1 $52,125 $67,250 24,875 $0 Bal. 1/1 $18,000 $18,000 Manufacturing Overhead Cost of Goods Sold Actual (+) Allocated (--) $34,000 $36,000 The Cost of Goods Sold after adjusting for any under- or over-allocated manufacturing overhead was