Kent Company adds materials to production at the beginning of the process in the Production Department.It uses a single-step process.Data on material for this department for October 2011 are as follows:
The company uses the FIFO inventory method.
The materials cost in Work in Process on October 31 is
A) $46,500.
B) $37,500.
C) $31,000.
D) $39,000.
Correct Answer:
Verified
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