The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year:Raw MaterialsBeg Bal5150? 9300? 5350?      Work in ProcessBeg Bal4250? 22,350? 6350?   8650?   8450?      Finished GoodsBeg Bal2350? 20,550? 22,350?      Manufacturing Overhead 2950? 8450? 3650?   3350?      Wages & Salaries Payable 20,550?Beg Bal2650?   12,300?    Cost of Goods SoldBeg Bal20,550?          The manufacturing overhead was:

A. $1500 underapplied
B. $3350 overapplied
C. $3350 underapplied
D. $1500 overapplied


Answer: A

Business

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