Question: (Appendix 6A) FIFO; Production Report Aztec Inc. produces soft drinks. Mixing is the first department, and its output is measured in gallons. Aztec uses the


(Appendix 6A) FIFO; Production Report Aztec Inc. produces soft drinks. Mixing is the first department, and its output is measured in gallons. Aztec uses the FIFO method. All manufacturing costs are added uniformly. For July, the mixing department provided the following information: Production: Units in process, July 1, 80% complete 120,000 gallons Units completed and transferred out 690,000 gallons Units in process, July 31, 75% complete 80000 gallons Costs: Work in process, July 1 $120,000 Costs added during July 1,471,500 Required: Prepare a production report. Aztec Inc. Mixing Department Production Report For the Month of July (FIFO Method) Unit Information Physical flow: Units to account for Units Units in beginning WIP 120,000 Units started Total units to account for Units Units to account for: Units started and completed From beginning WIP Units in ending WIP Total units to account for
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