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can someone solve this pls Fleming, Fleming, and Garcia, a local CPA firm, provided the following data for individual returns processed for March (output is
can someone solve this pls
Fleming, Fleming, and Garcia, a local CPA firm, provided the following data for individual returns processed for March (output is measured in number of returns): Units, beginning work in process Units started 6,900 5,000 Units completed Units, ending work in process (50% complete) 1,900 Total production costs $5,500 Required: 1. Prepare a physical flow schedule. If an amount is zero, enter "0". Fleming, Fleming, and Garcia Physical Flow Schedule Units to account for: Units in BWIP Units started Total units to account for Units accounted for: Units completed: From BWIP 0 Chautad and Fleming, Fleming, and Garcia Physical Flow Schedule Units to account for: Units in BWIP Units started Total units to account for Units accounted for: Units completed: From BWIP Started and completed Units in EWIP 100 Total units accounted for 2. Prepare an equivalent units schedule. Fleming, Fleming, and Garcia Equivalent Units Schedule Units completed Units in EWIP x Fraction complete: Equivalent units Feedback 3 Check My Work 2. The equivalent units schedule measures the output of the period. A fully completed unit is counted as a unit of output. Output for a unit in ending work in process is counted by its degree of completion. 3. What if EWIP is 70 percent complete? How would this change affect the physical flow schedule? The equivalent units schedule? . There would now be Changing the degree of completion does not affect equivalent units for EWIP, increasing the physical flow schedule. However, the equivalent units schedule is affected the total output for the period to
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