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*	10,400
Units completed and transferred out	83,000
Units in process, July 31, 90% complete*	15,100
* 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 579723005068ff0_2
		fill in the blank 579723005068ff0_4
Total units to account for		fill in the blank 579723005068ff0_5
Units accounted for:
Units completed and transferred out:
	fill in the blank 579723005068ff0_7
	fill in the blank 579723005068ff0_9	fill in the blank 579723005068ff0_10
		fill in the blank 579723005068ff0_12
Total units accounted for		fill in the blank 579723005068ff0_13

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
	fill in the blank f43908fca04804a_2	fill in the blank f43908fca04804a_3
Add: Units in beginning work in process Percentage to complete:
fill in the blank f43908fca04804a_4 x fill in the blank f43908fca04804a_5 %	fill in the blank f43908fca04804a_6
fill in the blank f43908fca04804a_7 x fill in the blank f43908fca04804a_8 %		fill in the blank f43908fca04804a_9
Add: Units in ending work in process Percentage complete:
fill in the blank f43908fca04804a_10 x fill in the blank f43908fca04804a_11 %	fill in the blank f43908fca04804a_12
fill in the blank f43908fca04804a_13 x fill in the blank f43908fca04804a_14 %		fill in the blank f43908fca04804a_15
	fill in the blank f43908fca04804a_17	fill in the blank f43908fca04804a_18

3. What if 70 percent of the materials were added at the beginning of the process and 30 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 3e75d0fc307e00e_1 equivalent units