Question: Unit Information with BWIP, FIFO MethodJackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are

Unit Information with BWIP, FIFO MethodJackson 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*10,600Units completed and transferred out86,000Units in process, July 31,80% complete*15,900* With respect to conversion costs.Required:Question Content Area1. Prepare a physical flow schedule for July.Jackson ProductsPhysical Flow ScheduleFor the Month of JulyUnits to account for:- Select -- Select -Total units to account forfill in the blank e2d956f4e02607c_5Units accounted for:Units completed and transferred out:- Select -- Select -- Select -- Select -Total units accounted forfill in the blank e2d956f4e02607c_13Question Content Area2. 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 ProductsEquivalent Units ScheduleDirect MaterialsConversion Costs- Select -- Select -Add: Units in beginning work in process \times Percentage to complete:fill in the blank b6d085fde050028_4xfill in the blank b6d085fde050028_5%fill in the blank b6d085fde050028_6fill in the blank b6d085fde050028_7xfill in the blank b6d085fde050028_8%fill in the blank b6d085fde050028_9Add: Units in ending work in process \times Percentage complete:fill in the blank b6d085fde050028_10xfill in the blank b6d085fde050028_11%fill in the blank b6d085fde050028_12fill in the blank b6d085fde050028_13xfill in the blank b6d085fde050028_14%fill in the blank b6d085fde050028_15- Select -- Select -Question Content Area3. What if 70 percent of the materials were added at the beginning of the process and 30 percent were added at the end of the process (all ingredients used are treated as the same type or category of materials)? How many equivalent units of materials would there be?fill in the blank 8e8c9109cf87fee_1 equivalent unitsPhysical 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
,
2. Prepare an equivalent units schedule for July using the FIFO method. Enter percentages as whole numbers. If an amount box does not r
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 %Units accounted for:
Units completed and transferred out:
Total units accounted for
2. 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
q,
Equivalent Units Schedule
Direct Materials Conversion Costs
Add: Units in beginning work in process Percentage to complete:
%
x%
Add: Units in ending work in process Percentage complete:
x%
x%
Cengage Tec
Unit Information with BWIP, FIFO Method
Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and B
Unit Information with BWIP, FIFO MethodJackson

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