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Unit Information with BWIP, FIFO Method Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all
Unit Information with BWIP, FIFO Method 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 10,900 Units completed and transferred out 85,000 Units in process, July 31, 90% complete 15,600 *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: Units beginning work is process (70% complete) 10,900) Units started during July 89,700 100,600 Total units to account for Units accounted for: Units completed and transferred out: Started and completed 74,100 From beginning work in process 10,900 85,000 Units in ending work in process (90% complete) 15,600 Total units accounted for i 100,600 2. 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
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