1.physical flow of units

2. weighted average method

3. Fifo

4.compare both

Formulation Department Basic Production Data For the Month Ending March 31, 2023 Liters in Work In-Process at March 1 315,000 % Complete as to Materials % Complete as to Conversion Costsa Cost of Work In-Process at March 1: \begin{tabular}{l|l} Materials & $2,016,000 \\ Conversion Costs & $289,800 \end{tabular} Liters Entered into Production during March 1,260,000 Costs Externed into Production during March: \begin{tabular}{l|l} Materials & $9,432,990 \\ \hline Conversion Costs & $7,027,650 \end{tabular} Liters in Work In-Process at March 31 252,000 \% Complete as to Materials 65% % Complete as to Conversion Costs 40%