Plemmon Company adds materials at the beginning of the process in the forming department, which is the first of two stages of its production cycle. Information concerning the materials used in the forming department in April follows: Using the FIFO method, what is the materials cost of the work in process at April 30 (rounded to nearest dollar)?
A)$7,154
B)$6,200
C)$7,750
D)$6,417

Question

Plemmon Company adds materials at the beginning of the process in the forming department, which is the first of two stages of its production cycle. Information concerning the materials used in the forming department in April follows:  Using the FIFO method, what is the materials cost of the work in process at April 30 (rounded to nearest dollar)?
A)$7,154 
B)$6,200 
C)$7,750 
D)$6,417

Quizplus · Accepted Answer

11eb16ac_e00f_7f84_984d_5dcd467e5e8b_TB6154_00

Plemmon Company Adds Materials at the Beginning of the Process