The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Raw MaterialsBeg Bal4,500 8,000 4,700 Work in ProcessBeg Bal3,600 21,700 5,700 8,000 7,800 Finished GoodsBeg Bal1,700 19,900 21,700 Manufacturing Overhead 2,300 7,800 3,000 2,700 Wages & Salaries Payable 19,900Beg Bal2,000 11,000 Cost of Goods SoldBeg Bal19,900 The Cost of Goods Manufactured was:
A. $41,600
B. $7,700
C. $21,700
D. $19,900
Answer: C
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