Physical Flow and Equivalent Units with EWIP Fleming, Fleming, and Johnson, a local CPA firm, provided the following data for individual returns processed for March (output is measured in number of returns): Units, beginning work in process Units started 6,200 Units completed 4,500 Units, ending work in process (50% complete) 1,700 Total production costs $7,000 Required: 1. Prepare a physical flow schedule. If an amount is zero, enter "0". Units in BWIP Fleming, Fleming, and Johnson Units in EWIP Physical Flow Schedule Units to account for: Started and completed Units in EWIP Units started Total units to account for From BWIP Units accounted for: Units in BWIP Units completed: Units started Started and completed Units in BWIP Units started Total units accounted for Units in BWIP 2. Prepare an equivalent units schedule. Units in EWIP Units started Fleming, Fleming, and Johnson Equivalent Units Schedule Equivalent units Units completed Units in EWIP x Fraction complete: 3. What if EWIP is 80 percent complete? How would this change affect the physical flow schedule? The equivalent units schedule? Changing the degree of completion affect / does not affect the physical flow schedule. However, the equivalent units schedule is affected is not affectedhere would now be equivalent units for EWIP, increasing/decreasing the total output for the period to