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You manufacturer chairs. On March 1 you come to work and there are 5 0 unfinished chairs. You finished those 5 0 and started 5

You manufacturer chairs. On March 1 you come to work and there are 50 unfinished chairs. You finished those 50 and started 500 more. In total 490 chairs were finished in March. The WIP account had $500 on March 1 and $5000 was added to WIP during March.
1. Prepare a physical units flow schedule.
2. How many chairs were in process in your unit during March?
3. How many chairs were left unfinished at the end of March?
4. $10 per chair is not an appropriate unit cost. Why not? (You do not have to calculate a unit cost. There is not enough information here for you to do that.)

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