Question: c . Compare the total cost per EUP in part a under the WA method to the total cost per EUP in part b under

c. Compare the total cost per EUP in part a under the WA method to the total cost per EUP in part b under the FIFO method. Based on this comparison, is the beginning inventory cost per EUP higher or lower than the EUP for current period costs? Does this indicate prices are rising or falling?
MaterialLaborOverheadWeighted Average (WA) method:Answer 91Answer 92Answer 93FIFO method:Answer 94Answer 95Answer 96
The relationships indicate the following:Material pricesAnswer 97went upwent downare stableLabor costsAnswer 98went upwent downare stableOverhead costsAnswer 99went upwent downare stable

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