The following partially completed T-accounts summarize transactions for Fabatz Company during the year:
Raw Materials
Beg Bal
1,800
8,500
9,100
Work in Process
Beg Bal
3,100
22,400
7,380
8,500
5,400
Finished Goods
Beg Bal
6,700
23,600
22,400
Manufacturing Overhead
1,120
5,400
2,800
2,000
Wages and Salaries Payable
14,000
Beg Bal
1,400
13,100
Cost of Goods Sold
23,600
The manufacturing overhead was:
a
$520 overapplied
b
$2,000 overapplied
c
$520 underapplied
d
$2,000 underapplied