At the end of the period,the balance in the Materials account should represent

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The balance in the Materials account at the end of the period should represent the cost of materials on hand, not yet put into production. This is because materials purchased but not yet used in the production process are still considered an asset, and are included in the inventory account until they are used. The cost of materials issued into production and the cost of materials included in Work in Process and Finished Goods are reflected in other accounts.

At the End of the Period,the Balance in the Materials