The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw Materials Work in Process Credit Credit Debit Beginning Balance Debit Beginning Balance 9,600 22,500 5,300 5,500 4,400 6,500 8,800 8,600 Finished Goods Manufacturing Overhead Credit Debit Credit Debit Beginning Balance 20,700 8,600 2,500 22,500 3,100 3,800 3,500 Cost of Goods Sold Debit Wages & Salaries Payable Credit 20,700 Beginning Balance Debit Credit 20,700 2,800 12,600 The direct labor cost was: Multiple Choice $20,700 O O $14,000 $11,800 O O $8,800