Process costing help

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?
 

Replies (2)

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. smiley

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