Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following data pertain to the company's sawmill Work-in-process inventory, January 1 (direct materials: 68%, conversion : 40%) Work-in-process inventory, December 31 (direct materials : 70%, conversion : 60%) 43,400 units 12.5 21,700 units points 00:05-20 During the year the company started 204,000 units in production. Skipped Required: 1. Prepare a physical flow schedule 2. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method. Complete this question by entering your answers in the tabs below Required Required 2 Prepare a physical flow schedule Quantity Schedule (in units Input Work-in-process inventory Units started Total units to account for Output Units completed Work-in-process inventory Total units accounted for Required2