TB MC Qu. 3-157 (Static) The following partially completed T-accounts... The following partially completed T-accounts are for Stanford Corporation: Raw Materials Work In Process Finished Goods Debit Credit Debit Credit Debit Credit Balance (1) 7,000 (2) 19,000 24,000 Balance 11,000 (7) ? (2) 15,000 Balance (7) 18,000 62,000 (4) 18,000 15,000 (6) 31,000 Manufacturing Overhead Debit Credit (2) 9,000 (6) 31,000 (3) 16,000 (4) (5) 8,000 5,000 Debit Accounts Payable Credit Balance (1) (5) The cost of goods manufactured is: 19,000 5,000 Accumulated Depreciation--Factory Sales Salaries Expense Debit Credit Debit Credit Balance (3) 82,000 16,000 (4) 11,000 Debit Salaries and Wages Payable Balance (4) Credit 7,000 37,000