Unit Information with BWIP, Weighted Average 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 11,000 Units completed and transferred out 38,000 Units in process, July 31, 90% complete 15,400 * 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) From beginning work in process 10,40 88,20 98,60 Total units to account for Units accounted for Units completed and transferred out: Started and completed 72,60 10,40 83,00 From beginning work in process Units in ending work in process (90% complete) 15,60 Tatal units accounted for 98,60 2. Prepare an equivalent units schedule for July using the weighted average method. Enter percentages as whole numbers. Jackson Products Equivalent Units Schedule Direct Materials Conversion Casts Units completed 72,600 X 72,600 X Add: Units in ending work in process x Percentage complete: 10,400 X X 0 X 10,400 xxl 40 X 4,260 x Equivalent units of output 15,600 X 14,040 X Freshack Greck My Wor There is no requirement to calculate the work needed to complete the units in EWIP. All BWIP units are treated the same way as the units that were started and completed. 3. What if you were asked to calculate the FIFO units beginning with the weighted average equivalent units? Calculate the weighted average equivalent units by subtracting out the prior-period output found in BWIP. FIFO Equivalent Units Direct Materials 88,200 X Conversion Costs 90,800 X