Question 12 1 points Save Answer The Tse Manufacturing Corporation uses a job-order costing systerm and applies overhoad to jobs using a predetermined overhead rate. The company closes any balance in the Manufacturing Overhead account to Cost of Goods Sold. During the year the company's Finished Goods inventory account was debited for 125,000 and credited for $110,000. The ending balance in the Finished Goods inventory account was $28,000. At the end of the year, manufacturing overhead was overapplied by $4,500. The balance in the Finished Goods inventory account at the beginning of the year was: $28,000 $13,000 $17,500 $8,500