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14 October, 11:32

The flynn company began the period with $15,000 worth of raw materials. during the period it purchased an additional $17,000 worth of raw materials and issued $24,000 of raw materials to work-in process for production. in addition, the company paid $8,000 for direct labor and $6,000 in manufacturing overhead costs. the beginning balance in the company's work-in process inventory account was $10,000 and it transferred $16,000 of work-in process to finished goods during the period. what was the balance in work-in process at the end of the period?

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  1. 14 October, 12:43
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    I think the answer is 38,000
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