Golding Inc. just finished its second month of operations. Golding mass-produces integrated circuits. The following production information

Question:

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.................160,000

Units completed and transferred out............................760,000

Units in process, December 31, 60% complete...............120,000

Required:

Prepare a physical flow schedule.

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Managerial Accounting The Cornerstone of Business Decision Making

ISBN: 978-1337115773

7th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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