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    tamikol's Avatar
    tamikol Posts: 1, Reputation: 1
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    #1

    Nov 18, 2009, 04:48 PM
    How to prepare a cost of production report, using fifo
    How to prepare a cost of production report, using fifo
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Nov 18, 2009, 09:51 PM

    Assuming this is for process costing, that is just way too complicated and involved for someone to just try to explain on a forum like this.

    Best I can do is give you a couple of links, which may or may not be more useful than your textbook:
    Principles of Accounting Chapter 20
    Cost of Production Report-FIFO Method

    Personally I think the first is easier to follow.
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