The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw Materials Beg Bal 5,350 9,700 5,550 Work in Process Beg Bal 4,450 22,550 6,550 8,850 8,650 Finished Goods Beg Bal 2,550 20,750 22,550 Manufacturing Overhead 3,150 8,650 3,850 3,550 Wages & Salaries Payable 20,750 Beg Bal 2,850 12,700 Cost of Goods Sold Beg Bal 20,750 $8,650 $3,550 $15,400 $3,850