Please show all steps, thank you. Phantom Enterprises adds materials to production at...
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Accounting
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Phantom Enterprises 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 July 2018 are as follows: The company uses the FIFO inventory method. The materials cost in Work in Process on July 31 is a. $46,500. b. $39,000. c. $37,500. d. $31,000
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