If you want to be one of them, please allow me to recommend the CIMAPRO15-P01-X1-ENG Duration learning questions from our company to you, the superb quality of CIMAPRO15-P01-X1-ENG Duration exam braindumps we've developed for has successfully helped thousands of candidates to realize their dreams. And our CIMAPRO15-P01-X1-ENG Duration study materials have helped so many customers pass the exam. Obtaining the CIMAPRO15-P01-X1-ENG Duration certification is not an easy task. Through the trial you will have different learning experience, you will find that what we say is not a lie, and you will immediately fall in love with our products. As a key to the success of your life, the benefits that CIMAPRO15-P01-X1-ENG Duration exam guide can bring you are not measured by money. The only aim of our company is to help each customer pass their exam as well as getting the important certification in a short time.
CIMA Certification CIMAPRO15-P01-X1-ENG Just have a try and you will love them!
After the user has purchased our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Duration learning materials, we will discover in the course of use that our product design is extremely scientific and reasonable. If you believe in our products this time, you will enjoy the happiness of success all your life Our CIMAPRO15-P01-X1-ENG Boot Camp learning quiz is the accumulation of professional knowledge worthy practicing and remembering, so you will not regret choosing our CIMAPRO15-P01-X1-ENG Boot Camp study guide.
Then windows software of the CIMAPRO15-P01-X1-ENG Duration exam questions, which needs to install on windows software. Aiso online engine of the CIMAPRO15-P01-X1-ENG Duration study materials, which is convenient because it doesn’t need to install on computers. As we all know, the world does not have two identical leaves.
CIMA CIMAPRO15-P01-X1-ENG Duration - We are 7*24*365 online service.
Our Omgzlook is a professional website to provide accurate exam material for a variety of IT certification exams. And Omgzlook can help many IT professionals enhance their career goals. The strength of our the IT elite team will make you feel incredible. You can try to free download part of the exam questions and answers about CIMA certification CIMAPRO15-P01-X1-ENG Duration exam to measure the reliability of our Omgzlook.
Our CIMAPRO15-P01-X1-ENG Duration learning guide allows you to study anytime, anywhere. If you are concerned that your study time cannot be guaranteed, then our CIMAPRO15-P01-X1-ENG Duration learning guide is your best choice because it allows you to learn from time to time and make full use of all the time available for learning.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
GH manufactures a product using skilled labour and high quality materials. The company operates a standard costing system and a just-in-time (JIT) purchasing and production system. The standard selling price and variable costs for one unit of the product are as follows:
Calculate the following variances for October, taking account of the more detailed information regarding the labour mix:
(i) The total labour efficiency variance
(ii) The total labour mix variance
(iii) The total labour yield variance
Select the correct statements.
A. Labour efficiency variance: $ 88 000 F
B. Labour efficiency variance: $ 78 000 F
C. Labour mix variance: $ 75 000 F
D. Labour efficiency variance: $ 78 000 A
E. Labour mix variance: $ 63 000 A
F. Labour mix variance: $ 66 000 F
G. Labour yield variance: $ 144 000 A
H. Labour efficiency variance: $ 98 000 A
Answer: D,F,G
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-17/
QUESTION NO: 2
A company produces trays of pre-prepared meals that are sold to restaurants and food retailers. Three varieties of meals are sold: economy, premium and deluxe.
Discuss the benefits of flexible budgeting for planning and control purposes.
Select all the true statements.
A. The fixed budget however provides more insight into actual performance.
B. A fixed budget will provide meaningful control information when actual activity differs from budget and variable costs are significant.
C. Reporting against a fixed budget tells management nothing about the efficiency of operations.
D. If actual sales revenue is compared to a fixed budget it is possible to tell whether a favourable sales variance is due to an increase in units sold or an increase in sales price.
E. If sales volumes were well above budget, adverse variable cost variances will probably be reported, against the fixed budget, since more variable costs have to be incurred to support the higher level of activity.
F. If a flexible budget is prepared then the budget variances calculated will provide a better indication of performance since actual results will be compared against an appropriate benchmark.
Answer: C,E,F
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-105-3/
QUESTION NO: 3
LM operates a parcel delivery service. Last year its employees delivered 15,120 parcels and travelled 120,960 kilometers. Total costs were $194,400.
LM has estimated that 70% of its total costs are variable with activity and that 60% of these costs vary with the number of parcels and the remainder vary with the distance travelled.
LM is preparing its budget for the forthcoming year using an incremental budgeting approach and has produced the following estimates:
* All costs will be 3% higher than the previous year due to inflation
* Efficiency will remain unchanged
* A total of 18,360 parcels will be delivered and 128,800 kilometers will be travelled.
Calculate the following costs to be included in the forthcoming year's budget:
(i) the total variable costs related to the number of parcels delivered.
(ii) the total variable costs related to the distance travelled.
A. Parcel related cost for next year = $112,118; Distance related costs for next year = $59,699
B. Parcel related cost for next year = $109,118; Distance related costs for next year = $89,699
C. Parcel related cost for next year = $115,306; Distance related costs for next year = $31,590
D. Parcel related cost for next year = $105,306; Distance related costs for next year = $30,590
E. Parcel related cost for next year = $112,308; Distance related costs for next year = $79,590
Answer: A
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-29/
QUESTION NO: 4
A company produces three products D, E and F. The statement below shows the selling price and product costs per unit for each product, based on a traditional absorption costing system.
Each of the products is produced using Process A which has a maximum capacity of 2,500 hours per period.
If a traditional contribution approach is used, the ranking of products, in order of priority, for the profit maximizing product mix will be:
A. F, D, F
B. D, E, F
C. E, D, F
D. D, E, F
Answer: A
QUESTION NO: 5
CH is a building supplies company that sells products to trade and private customers.
Budget data for each of the six months to March are given below:
80% of the value of credit sales is received in the month after sale, 10% two months after sale and 8% three months after sale. The balance is written off as a bad debt.
75% of the value of credit purchases is paid in the month after purchase and the remaining 25% is paid two months after purchase.
All other operating costs are paid in the month they are incurred.
CH has placed an order for four new forklift trucks that will cost $25,000 each. The scheduled payment date is in February.
The cash balance at 1 January is estimated to be $15,000.
Prepare a cash budget for each of the THREE months of January, February and March.
Select All the correct answers.
A. The total receipts in January will be $320 000
B. The total receipts in January will be $245 000
C. The total payments in February will be $405 000
D. Total payments in March will be $323 000
Answer: A,D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-13/
Senior IT experts in the Omgzlook constantly developed a variety of successful programs of passing CIMA certification Microsoft AZ-800 exam, so the results of their research can 100% guarantee you CIMA certification Microsoft AZ-800 exam for one time. Microsoft AI-900 - You can get the information you want to know through the trial version. You can free download part of Omgzlook's practice questions and answers about CIMA certification Microsoft MB-920 exam online, as an attempt to test our quality. If you also want to get this certificate to increase your job opportunities, please take a few minutes to see our Microsoft AZ-900-KR training materials. Omgzlook's training product for CIMA certification Cisco 200-301 exam includes simulation test and the current examination.
Updated: May 27, 2022