Budgeted sales for the next year is 5,00,000 units. Desired ending finished goods inventory is 1,50,000 units and equivalent units in ending WIP inventory is 60,000 units. The opening finished goods inventory for the next year is 80,000 units, with 50,000 equivalent units in beginning WIP inventory. How many equivalent units should be produced?

Syllabus of the this paper:

Section A : Cost & Management Accounting 50%
1. Cost and Management Accounting - Introduction
2. Decision Making Tools
3. Budgeting and Budgetary Control
4. Standard Costing and Variance Analysis
5. Learning Curve

Related Tests:

CMA Intermediate Exam: Cost Accounting

CMA Intermediate Exam: Cost Accounting 2 (Fill Blanks)