ASAP Salution – Job costs & Process costs


1. Job Order Costing vs Process Costing (5: 59


2. Job Order Costing (4:25)


3. Process Costing (12:15)


4.Cost Per Equivalent Unit (weighted average method) (12:20)


5.Cost Per Equivalent Unit FIFO Method (7:53)


6.Cost Per Equivalent Unit– FIFO Method vs. Weighted-average Method (8:35)


7.Cost Per Equivalent Unit, FIFO Method, Part 2 (Applying Costs) (6:47)






After watching the videos, please answer the following questions one paragraph for each question:


1. How might you apply direct labor costs under Job Order versus Process Costing?


2.Under the 2 methods of Process Costing, why is the FIFO method considered superior to the Weighted Average method?


3. Is it possible to monitor cost “trends” using the Weighted Average method?




Scroll to Top