Hello everyone,I'm bit confused in these two methods of process costing-FIFO and Weighted Average Method.Can you please explain me the difference between FIFO and Weighted Average Method. Also how cost per unit is calculated while using Weighted Average Method in Process Costing?
refer the belowmentioned link.....it will be use full
https://www.futureaccountant.com/process-costing/study-notes/weighted-average-fifo-methods-valuation-work-in-progress-process-accounts.php#.U0rRLWiSzLU
thank you harish-ragav. 
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
O P Bagla & Co LLP
New Delhi
CA Inter
View Details
CAclubindia
