Unit Information with BWIP, FIFO Method

ounces. The production data for July are as follows:

Production:

Units in process, July $1,70\%$ complete$*,10,800$

Units completed and transferred out $,82,000$

Units in process, July $31,80\%$ complete$*,15,100$

With respect to conversion costs.

Required:

Prepare a physical flow schedule for July.

Jackson Products

Physical Flow Schedule

For the Month of July

Units to account for:

Total units to account for

Units accounted for:

Units completed and transferred out:

Total units accounted for

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:

$x$

$x$

Add: Units in ending work in process $$ Percentage complete:

$x,\%$

$x,\%$

How many equivalent units of materials would there be$?$

equivalent units