Physical Flow Schedule

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	90,000
Units completed and transferred out	390,000
Units in process, December 31, 60% complete	67,500

Required:

Prepare a physical flow schedule.

Golding Inc. Physical Flow Schedule for December

Physical flow schedule:
Units in beginning WIP		fill in the blank 1
Units started		fill in the blank 2
Total units to account for		fill in the blank 3
Units completed and transferred out:
Units started and completed	fill in the blank 4
Units completed from beginning WIP	fill in the blank 5	fill in the blank 6
Units in ending WIP		fill in the blank 7
Total units accounted for