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* 11,000 Units completed and transferred out 83,000 Units in process, July 31, 80% complete* 15,300 * With respect to conversion costs. Required: Question Content Area 1. Prepare a physical flow schedule for July. Jackson Products Physical Flow Schedule For the Month of July Units to account for: - Select - - Select - Total units to account for fill in the blank 1f0699013fa2fb4_5 Units accounted for: Units completed and transferred out: - Select - - Select - - Select - - Select - Total units accounted for fill in the blank 1f0699013fa2fb4_13 Question Content Area 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 d72431fa7030020_1 fill in the blank d72431fa7030020_2 Add: Units in ending work in process Percentage complete: fill in the blank d72431fa7030020_3 xfill in the blank d72431fa7030020_4 % fill in the blank d72431fa7030020_5 fill in the blank d72431fa7030020_6 xfill in the blank d72431fa7030020_7 % fill in the blank d72431fa7030020_8 Equivalent units of output fill in the blank d72431fa7030020_9 fill in the blank d72431fa7030020_10 Question Content Area 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 4d7e4ef50030fa7_1 Conversion Costs fill in the blank 4d7e4ef50030fa7_2 Check My Work