The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw Materials Credit Debit Beginning Balance 8,700 4,850 5,050 Work in Process Credit Debit Beginning Balance 22,050 3,950 6,050 8,350 8,150 Finished Goods Credit Debit Beginning Balance 20,250 2,050 22,050 Manufacturing Overhead Debit Credit 8,150 2,650 3,350 3,050 3,050 Debit Wages & Salaries Payable Credit 20,250 Beginning Balance 2,350 11,700 Cost of Goods Sold Debit Credit 20,250 The Cost of Goods Manufactured was: The Cost of Goods Manufactured was: Multiple Choice $42,300 $8,400 $20,250 $22,050