Cost Per Equivalent Unit FIFO Method vs Weighted average Method
Share your inquiries now with community members
Click Here
Sign up Now
Lessons List | 10
Lesson
Comments
Our New Certified Courses Will Reach You in Our Telegram Channel
Join Our Telegram Channels to Get Best Free Courses
Join Now
We Appreciate Your Feedback
28 Reviews
Dr.Ghvs Sarma
Harsha Heji
Yohan Kuruvilla Parangot
Meghna Jayachandran P
Show More Reviews
Related Courses in Business
Course Description
What is meant by process costing?
Process costing is a method of costing used mainly in manufacturing where units are continuously mass-produced through one or more processes. ... The method used is to take the total cost of the process and average it over the units of production.What are the steps in process costing?
Follow the 5 steps for process costing.
Analyze inventory flow.
Convert in-process inventory to equivalent units.
Compute all applicable costs.
Calculate the cost per unit of finished and in-process inventory.
Allocate costs to units of finished and in-process inventory.
What are the types of process costing?
Types of process costing
Standard cost. Standard cost refers to calculating costs for production units instead of actual costs. ...
Weighted average. ...
First-in, first-out. ...
Analyze the inventory. ...
Convert inventory costs. ...
Calculate applicable costs. ...
Calculate the cost per unit. ...
Designate costs for complete and incomplete products.
Trends
C Programming Errors and Testing
MS Excel
Firebase Database
Learning English Speaking
Apprendre Python
Investment analysis techniques for beginners
Machine Learning in Python
D Programming
SASS Intro and Setup
Models with Machine Learning and Python
HTML Introduction in Hindi
crack software
ChatGPT high level
SKLearn and Python
Computer and mechanical
NodeJS full data
Energy and Power in Mechanical Systems
Semiconductor Materials in Electronic Devices
Humanistic Psychology Fundamentals
English Language
Recent
Wireless Communication systems
C Programming Errors and Testing
Computer related Laws
Networking tools and techniques
CompTIA network certification exam Prep
Network troubleshooting Fundamentals
PGT computer science exam Pattern
NIELIT CCC exam Preparation
Number system in digital electronics
Lexical analysis in compiler design with exam
Software types for beginners
Basic computer organisation
Typecasting in python with execution
Hadoop Framework for beginners
Microprocessor and Microcontroller
Data warehouse fundamentals with examples
ML and Data Science
Basic formula of factorial and Permutations
Artificial intelligence questions basics
Algebra Of matrices basics