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 (round unit calculations to the nearest cent)?

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 (round unit calculations to the nearest cent)?

Quizplus · Accepted Answer

The Answer of 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 (round unit calculations to the nearest cent)?

Plemmon Company Adds Materials at the Beginning of the Process