Cost Per Equivalent Unit-- FIFO Method vs. Weighted-average Method
This video explains the difference between the FIFO Method and the Weight-average Method for calculating cost per equivalent unit. A comprehensive example is presented to illustrate how the weighted-average method includes costs that were incurred in the prior period and thus results in a different cost per equivalent unit than the FIFO Method.
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Watch video Cost Per Equivalent Unit-- FIFO Method vs. Weighted-average Method online without registration, duration hours minute second in high quality. This video was added by user Edspira 28 April 2015, don't forget to share it with your friends and acquaintances, it has been viewed on our site 145,319 once and liked it 1.2 thousand people.