The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw Materials Credit Debit Beginning Balance 9,400 5,200 5,400 Work in Process Credit Debit Beginning Balance 22,400 4,300 6,400 8,700 8,500 Finished Goods Credit Debit Beginning Balance 20,600 2,400 22,400 Manufacturing Overhead Debit Credit 8,500 3,000 3,700 3,400 Debit Wages & Salaries Payable Credit 20,600 Beginning Balance 2,700 12,400 Cost of Goods Sold Debit Credit 20,600 The manufacturing overhead applied was: Multiple Choice $3,400 $3,700 $8,500 $15,100