Physical Flow and Equivalent Units with EWIP 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): Required: 1. Prepare a physical flow schedule. If an amount is zero, enter "0". 2. Prepare an equivalent units schedule. 3. What if EWIP is 70 percent complete? How would this change affect the physical flow schedule? The equivalent units schedule? Changing the degree of completion the physical flow schedule. However, the equivalent units schedule . There would now be equivalent units for EWIP, the total output for the period to