Required information [The following information applies to the questions displayed below.] Timing Technology, Inc., manufactures timing devices. During 201,1,100,000 units were completed and These units were 45 percent complete as to conversion and 100 percent complete as to direct material. Finished-goods inventory consisted of 286,000 units. Materials are added to production at the beginning of the manufacturing process, and overhead is applied to each product at the rate of 100 percent of direct-labor costs. There was no finished-goods inventory on January 1, 20x1. A review of the inventory cost records disclosed the following information: Required: 1. Complete the following schedule as of December 31,201, to compute the physical flow of units. These units were 45 percent complete as to conversion Materials are added to production at the beginning of Finished-goods inventory consisted of 286,000 inits. Materials are added topte of 100 percent of direct-labor the manufacturing process, andover inventory on January 1,201. A review of the inventory cost records disclosed the following information: Required: 1. Complete the following schedule as of December 31,201, to compute the physical flow of units