Question

Physical Flow Schedule The following information was obtained for the grinding department of Harlan Company for May: a. BWIP had 91,500 units, 30% complete with respect to manufacturing costs. b. EWIP had 25,200 units, 25% complete with respect to manufacturing costs. c. Started 99,000 units in May. Prepare a physical flow schedule. Harlan Company Physical Flow Schedule For the Month of May Units to account for: Units in beginning work in process Units started during the period Total units to account for Units completed and transferred out: Units started and completed Units completed from beginning work in process Units in ending work in process Total units accounted for

26

Answer 1

Solution

Harlan Company
Physical Flow Schedule
For the Month of May
Units to account for:
Units in beginning work in process		91500
Units started during the period		99000
Total units to account for		190500
Units completed and transferred out:
Units started and completed	73800
Units completed from beginning work in process	91500	165300
Units in ending work in process		25200
Total Units accounted for		190500

.Working

	Units
Beginning WIP	91,500
Units introduced	99,000
Total units to be accounted for	190,500
Completed and Transferred unit	165,300
Ending WIP	25,200

.

	Total Units
Units Transferred:
From WIP	91,500
From units started/Introduced	73,800
Total	165,300
	Total Units
Ending WIP
Total	25,200
Total Units	190,500