$($Appendix $6$A$)$ FIFO; Production Report

Production:

Units in process, July $1,40\%$ complete

Units completed and transferred out

Units in process, July $31,65\%$ complete

Costs:

Work in process, July $1$

Costs added during July

Required:

Prepare a production report.

Aztec Inc. Mixing Department

Production Report

For the Month of July $($FIFO Method$)$

Unit Information

Physical flow:

Units to account for:

Units in beginning WIP

Units started

Total units to account for

Units to account for:

Units started and completed

From beginning WIP

Units in ending WIP

Total units to account for

Equivalent units:

Started and completed

To complete beginning WIP

Units in ending WIP

Total equivalent units

Cost Information

Costs to account for:

Costs in beginning WIP

Costs added by department

Total costs to account for

Cost per equivalent unit

Costs accounted for:

Transferred out:

Total

Units started and completed

Units in beginning work in process:

From prior period

From current period

Total cost transferred out

Goods in ending work in process

Total costs accounted for

$18,000$ gallons

$140,000$ gallons

$16,000$ gallons