Lennox Manufacturing Had the Following Production Data for the Week

Multiple Choice

Lennox Manufacturing had the following production data for the week ended January 31,20XX, with no beginning balance in the Work-In-Process Inventory account:
Monday: Requisitioned $22,000 of direct materials into production and assigned $39,000 of direct labor to production.
Wednesday: Added $17,000 of manufacturing overhead to production.
Friday: Completed production on 60% of the production and transferred the completed units to finished goods inventory. The balance in the Work-in-Process Inventory at the end of the week would be

A) $24,400
B) $31,200
C) $46,800
D) $78,000