Question

Middelton Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for October:

a. All materials are added at the beginning of the process.
b. Beginning work in process had 81,200 units, 20 percent complete with respect to conversion costs.
c. Ending work in process had 16,100 units, 20 percent complete with respect to conversion costs.
d. Started in process, 104,500 units.

Required:
Prepare a physical flow schedule.

Answer 1

Middelton Company

Physical flow schedule:

Units

Beginning work in process 81,200

Started in process 104,500

Units in process 185,700

Ending work in process 16,100

Units completed 169,600

Step-by-step explanation:

a) Physical flow schedule:

Degree of Completion

Units Materials Conversion

Beginning work in process 81,200 100% 20%

Started in process 104,500

Units in process 185,700

Ending work in process 16,100 100% 20%

Units completed 169,600 100% 100%