Golding Inc. just finished its second month of operations. Golding mass-produces integrated circuits. The following production information is provided for December: Units in process, December 1, 80% complete 80,000 Units completed and transferred out 390,000 Units in process, December 31, 60% complete 60,000 Required: Prepare a physical flow schedule. Golding Inc. Physical Flow Schedule for December Physical flow schedule: Units in beginning WIP Units started Total units to account for Units completed and transferred out: Units started and completed Units completed from beginning WIP Units in ending WIP Total units accounted for