Physical Flow Schedule

Units in process, December $1,80\%$ complete $,160,000$

Units completed and transferred out $,760,000$

Units in process, December $31,60\%$ complete $,120,000$

Required:

Prepare a physical flow schedule.

Golding Inc.

Physical Flow Schedule

For December

Physical flow schedule:

Units in beginning WIP

Units started during the period

Total units to account for

Units completed and transferred out:

Units started and completed

From beginning work in process

Units in ending WIP

Total units accounted for