Prepare a departmental production report using the FIFO method. (Appendix)

1. Why do you suppose that Makenzie did not originally implement an accounting system that would give individual product costs?
2. Using a separate work-inprocess account for each producing department, describe the flow of costs through Healthblend’s plant.
3. Makenzie recognized that unit cost information for each product was important in determining individual product profitability. What other managerial decisions would be facilitated by having this type of information? LO3