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* 10,800 Units completed and transferred out Units in process, July 31, 80% complete* 15,300 86,000 * 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 (60% complete) Units started during July 10,800 90,500 101,300 Total units to account for Units accounted for: Units completed and transferred out: Started and completed 86,000 X 86,000 X Units accounted for: Units completed and transferred out: Started and completed From beginning work in process Units in ending work in process (80% complete) 10,800 86,000 15,300 Total units accounted for Feedback 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 Add: Units in beginning work in process * Percentage to complete: % % Add: Units in ending work in process x Percentage complete: X % % Jackson Products Equivalent Units Schedule Direct Materials Conversion Costs Add: Units in beginning work in process x Percentage to complete: Add: Units in ending work in process * Percentage complete: % X % Feedback 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? equivalent units