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

Question 30

Multiple Choice

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

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