Question:
1. Use the Fresh Seasons information from Problem 49, except assume that the company uses a FIFO process costing system.
a. How many gallons of dressing ingredients were started in April?
b. What is the total cost of the completed beginning inventory?
c. What is the total cost of goods completed during April?
d. What is the average cost per gallon of all goods completed during April?
e. What is the cost of April's ending WIP Inventory?