Process costing FIFO method | Work In Progress | AVCO | Equivalent units

The video is on ways to value Output of a process using the two different approaches namely FIFO and AVCO (Weighted Average Method). We take a look at work-in-process units as well as finished units. We learn how to establish statement of units as well as statement of equivalent units. #Work_in_progress #Equivalent_units #FIFO_and_AVCO

• #education
• #fifo
• #avco
• #work_in_progress