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. $21,700
C. $19,900
D. $7,700


Answer: B

Business

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