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 $1,60\%$ complete$*10,600$

Units completed and transferred out $82,000$

Units in process, July $31,90\%$ complete$*15,400$

$*$ 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 $5$f$1818$f$93$fd$7$fe$9\_5$

Units accounted for:

Units completed and transferred out:

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

Total units accounted for fill in the blank $5$f$1818$f$93$fd$7$fe$9\_13$

Question Content Area

$2.$ 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 $"0".$

Jackson Products

Equivalent Units Schedule

Direct Materials Conversion Costs

$-$ Select $-$

$-$ Select $-$

Add: Units in beginning work in process $\backslash$times Percentage to complete:

fill in the blank $30$bf$8103$bf$90061\_4$

xfill in the blank $30$bf$8103$bf$90061\_5$

$\%$ fill in the blank $30$bf$8103$bf$90061\_6$

fill in the blank $30$bf$8103$bf$90061\_7$

xfill in the blank $30$bf$8103$bf$90061\_8$

$\%$ fill in the blank $30$bf$8103$bf$90061\_9$

Add: Units in ending work in process $\backslash$times Percentage complete:

fill in the blank $30$bf$8103$bf$90061\_10$

xfill in the blank $30$bf$8103$bf$90061\_11$

$\%$ fill in the blank $30$bf$8103$bf$90061\_12$

fill in the blank $30$bf$8103$bf$90061\_13$

xfill in the blank $30$bf$8103$bf$90061\_14$

$\%$ fill in the blank $30$bf$8103$bf$90061\_15$

$-$ Select $-$

$-$ Select $-$

Question Content Area

$3.$ What if $60$ percent of the materials were added at the beginning of the process and $40$ percent were added at the end of the process $($all ingredients used are treated as the same type or category of materials$)?$ How many equivalent units of materials would there be$?$

fill in the blank a$2$f$4$ab$049$fda$07$b$\_1$

equivalent units