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 10,000 Units completed and transferred out 80,000 Units in process, July 31, 80 complete 15,000 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 fill in the blank 825293f7303c02d 2 fill in the blank 825293f7303c02d 4 Total units to account for fill in the blank 825293f7303c02d 5 Units accounted for Units completed and transferred out fill in the blank 825293f7303c02d 7 fill in the blank 825293f7303c02d 9 fill in the blank 825293f7303c02d 10 fill in the blank 825293f7303c02d 12 Total units accounted for fill in the blank 825293f7303c02d 13 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 Costs Units completed fill in the blank e9f3b2040f9ffe8 1 fill in the blank e9f3b2040f9ffe8 2 Add Units in ending work in process Percentage complete fill in the blank e9f3b2040f9ffe8 3 x fill in the blank e9f3b2040f9ffe8 4 fill in the blank e9f3b2040f9ffe8 5 fill in the blank e9f3b2040f9ffe8 6 x fill in the blank e9f3b2040f9ffe8 7 fill in the blank e9f3b2040f9ffe8 8 Equivalent units of output fill in the blank e9f3b2040f9ffe8 9 fill in the blank e9f3b2040f9ffe8 10 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 fill in the blank 3131a5f7afedfe4 1 Conversion Costs fill in the blank 3131a5f7afedfe4 2

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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

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*	10,000
Units completed and transferred out	80,000
Units in process, July 31, 80% complete*	15,000
* 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:
		fill in the blank 825293f7303c02d_2
		fill in the blank 825293f7303c02d_4
Total units to account for		fill in the blank 825293f7303c02d_5
Units accounted for:
Units completed and transferred out:
	fill in the blank 825293f7303c02d_7
	fill in the blank 825293f7303c02d_9	fill in the blank 825293f7303c02d_10
		fill in the blank 825293f7303c02d_12
Total units accounted for		fill in the blank 825293f7303c02d_13

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 Costs
Units completed	fill in the blank e9f3b2040f9ffe8_1	fill in the blank e9f3b2040f9ffe8_2
Add: Units in ending work in process Percentage complete:
fill in the blank e9f3b2040f9ffe8_3 x fill in the blank e9f3b2040f9ffe8_4 %	fill in the blank e9f3b2040f9ffe8_5
fill in the blank e9f3b2040f9ffe8_6 x fill in the blank e9f3b2040f9ffe8_7 %		fill in the blank e9f3b2040f9ffe8_8
Equivalent units of output	fill in the blank e9f3b2040f9ffe8_9	fill in the blank e9f3b2040f9ffe8_10

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.