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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
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* | 10,800 |
Units completed and transferred out | 83,000 |
Units in process, July 31, 90% complete* | 15,100 |
* With respect to conversion costs.
Prepare a physical flow schedule for July. Prepare an equivalent units schedule for July using the FIFO method. Enter percentages as whole numbers. If an amount box does not require an entry, enter "0".
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