Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows:

Production:
Units in process, July 1, 70% complete*	10,300
Units completed and transferred out	86,000
Units in process, July 31, 80% complete*	15,000
* With respect to conversion costs.

Required:

1. Prepare a physical flow schedule for July.

Jackson Products
Physical Flow Schedule
For the Month of July
Units to account for:
		fill in the blank caff23072ff405f_2
		fill in the blank caff23072ff405f_4
Total units to account for		fill in the blank caff23072ff405f_5
Units accounted for:
Units completed and transferred out:
	fill in the blank caff23072ff405f_7
	fill in the blank caff23072ff405f_9	fill in the blank caff23072ff405f_10
		fill in the blank caff23072ff405f_12
Total units accounted for		fill in the blank caff23072ff405f_13

2. Prepare an equivalent units schedule for July using the weighted average method. Enter percentages as whole numbers.

Jackson Products Equivalent Units Schedule

	Direct Materials	Conversion Costs
Units completed	fill in the blank eea91f051fa1fcb_1	fill in the blank eea91f051fa1fcb_2
Add: Units in ending work in process Percentage complete:
fill in the blank eea91f051fa1fcb_3 x fill in the blank eea91f051fa1fcb_4 %	fill in the blank eea91f051fa1fcb_5
fill in the blank eea91f051fa1fcb_6 x fill in the blank eea91f051fa1fcb_7 %		fill in the blank eea91f051fa1fcb_8
Equivalent units of output	fill in the blank eea91f051fa1fcb_9	fill in the blank eea91f051fa1fcb_10

3. What if you were asked to calculate the FIFO units beginning with the weighted average equivalent units? Calculate the weighted average equivalent units by subtracting out the prior-period output found in BWIP.

	FIFO Equivalent Units
Direct Materials	fill in the blank 49b70c049063f9b_1
Conversion Costs	fill in the blank 49b70c049063f9b_2