The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Beg Bal Raw Materials 5,000 5,200 9,000 Beg Bal 22,200 Work in Process 4,100 6,200 8,500 8,300 Beg Bal Finished Goods 2,200 22,200 20,400 8,300 Manufacturing Overhead 2,800 3,500 3,200 Wages & Salaries Payable 20,400 Beg Bal 2,500 12,000 Cost of Goods Sold 20,400 Beg Bal The manufacturing overhead was: Multiple Choice $3,200 underapplied $1,200 underapplied $1,200 overapplied $3,200 overapplied