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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, 40% complete 20,000 gallons Units completed and transferred out 139,000 gallons Units in process, July 31, 65% complete 16,000 gallons Costs: Work in process, July 1 $40,000 Costs added during July 325,220 Required: Prepare a production report. Aztec Inc. Mixing Department Production Report For the Month of July (FIFO Method) Unit Information Physical flow: Number of Units Units to account for: Units Units in beginning WIP fill in the blank 1 Units started fill in the blank 2 Total units to account for fill in the blank 3 Units to account for: Units Units started and completed fill in the blank 4 From beginning WIP fill in the blank 5 Units in ending WIP fill in the blank 6 Total units to account for fill in the blank 7 Equivalent units: Units Started and completed fill in the blank 8 To complete beginning WIP fill in the blank 9 Units in ending WIP fill in the blank 10 Total equivalent units fill in the blank 11 Cost Information Costs to account for: Dollars Costs in beginning WIP $fill in the blank 12 Costs added by department fill in the blank 13 Total costs to account for $fill in the blank 14 Cost per equivalent unit $fill in the blank 15 Costs accounted for: Total Transferred out: Units started and completed $fill in the blank 16 Units in beginning work in process: From prior period fill in the blank 17 From current period fill in the blank 18 Total cost transferred out $fill in the blank 19 Goods in ending work in process fill in the blank 20 Total costs accounted for

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