The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year:Raw MaterialsBeg Bal5100? 9200? 5300? Work in ProcessBeg Bal4200? 22,300? 6300? 8600? 8400? Finished GoodsBeg Bal2300? 20,500? 22,300? Manufacturing Overhead 2900? 8400? 3600? 3300? Wages & Salaries Payable 20,500?Beg Bal2600? 12,200? Cost of Goods SoldBeg Bal20,500? ?The direct labor cost was:
A. $20,500
B. $11,600
C. $8600
D. $13,400
Answer: C
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