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The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw Materials Debit Credit Beginning Balance 4,850 8,700 5,050 Work in Process

The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw Materials Debit Credit Beginning Balance 4,850 8,700 5,050 Work in Process Debit Credit Beginning Balance 3,950 22,050 6,050 8,350 8,150 Finished Goods Debit Credit Beginning Balance 2,050 20,250 22,050 Manufacturing Overhead Debit Credit 2,650 8,150 3,350 3,050 Wages & Salaries Payable Debit Credit 20,250 Beginning Balance 2,350 11,700 Cost of Goods Sold Debit Credit 20,250 The Cost of Goods Manufactured was: Garrison 17e Rechecks 2020-08-17

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