- Fleming, Fleming, and Johnson, 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 6,000 Units completed 5,000 Units, ending work in process (50% 1,000 complete) Total production costs $5,500 Required: 1. Prepare a physical flow schedule. 2. Prepare an equivalent unit's schedule. Explain why output is measured in equivalent units. 3. What if EWIP is 80 percent complete? How would this change affect the physical flow schedule? The equivalent units schedule