The Flynn Company Began the Period with $15,000 Worth of Raw

Short Answer

The Flynn Company began the period with $15,000 worth of raw materials. During the period they purchased an additional $17,000 worth of materials and issued $24,000 of materials for production. In addition, the company paid $8,000 for direct labor costs and $6,000 in manufacturing overhead costs. The balance in the company's Work-in Process inventory account at the end of the period was: a. $38,000
B) $46,000
C) $32,000
D) $40,000