Physical Flow Schedule

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	100,000
Units completed and transferred out	360,000
Units in process, December 31, 60% complete	75,000

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