Constant improvement of the software also can let you enjoy more efficient review process of CIMAPRO15-P01-X1-ENG Notes exam. The competition in IT industry is increasingly intense, so how to prove that you are indispensable talent? To pass the CIMAPRO15-P01-X1-ENG Notes certification exam is persuasive. What we can do for you is to let you faster and more easily pass the CIMAPRO15-P01-X1-ENG Notes exam. You can get the authoritative CIMAPRO15-P01-X1-ENG Notes certification exam in first try without attending any expensive training institution classes. The main reason that makes you get succeed is the accuracy of our CIMAPRO15-P01-X1-ENG Notes test answers and the current exam pass guide. Try the CIMA CIMAPRO15-P01-X1-ENG Notes free demo and assess the validity of our CIMAPRO15-P01-X1-ENG Notes practice torrent.
CIMA Certification CIMAPRO15-P01-X1-ENG So just come on and join our success!
You can check out the interface, question quality and usability of our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Notes practice exams before you decide to buy it. On the other hand, Software version of our CIMAPRO15-P01-X1-ENG Reliable New Test Format practice questions is also welcomed by customers, especially for windows users. As for PPT online version, as long as you download the app into your computer.
How to improve your IT ability and increase professional IT knowledge of CIMAPRO15-P01-X1-ENG Notes real exam in a short time? Obtaining valid training materials will accelerate the way of passing CIMAPRO15-P01-X1-ENG Notes actual test in your first attempt. It will just need to take one or two days to practice CIMA CIMAPRO15-P01-X1-ENG Notes test questions and remember answers. You will free access to our test engine for review after payment.
So the CIMA CIMAPRO15-P01-X1-ENG Notes exam is a great beginning.
We have applied the latest technologies to the design of our CIMAPRO15-P01-X1-ENG Notes exam prep not only on the content but also on the displays. As a consequence you are able to keep pace with the changeable world and remain your advantages with our CIMAPRO15-P01-X1-ENG Notes training braindumps. Besides, you can consolidate important knowledge for you personally and design customized study schedule or to-do list on a daily basis. As long as you follow with our CIMAPRO15-P01-X1-ENG Notes study guide, you are doomed to achieve your success.
One more to mention, we can help you make full use of your sporadic time to absorb knowledge and information. We would like to provide our customers with different kinds of CIMAPRO15-P01-X1-ENG Notes practice guide to learn, and help them accumulate knowledge and enhance their ability.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 4
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: 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/
EMC D-PVM-DS-23 - You can customize the practice environment to suit your learning objectives. The content of our ISC CISSP practice engine is chosen so carefully that all the questions for the ISC CISSP exam are contained. IBM C1000-180 - You can totally rely on us. With P1 - Management Accounting Question Tutorial torrent prep, you no longer have to put down the important tasks at hand in order to get to class; with Microsoft PL-400 exam questions, you don’t have to give up an appointment for study. Omgzlook's study guides are your best ally to get a definite success in Huawei H20-423_V1.0 exam.
Updated: May 27, 2022