The services provided by our CIMAPRO15-P01-X1-ENG Practice test questions are quite specific and comprehensive. First of all, our test material comes from many experts. The gold content of the materials is very high, and the updating speed is fast. You will figure out this is great opportunity for you. Passing the CIMAPRO15-P01-X1-ENG Practice exam with least time while achieving aims effortlessly is like a huge dreams for some exam candidates. We have to understand that not everyone is good at self-learning and self-discipline, and thus many people need outside help to cultivate good study habits, especially those who have trouble in following a timetable.
CIMA Certification CIMAPRO15-P01-X1-ENG Our workers have checked for many times.
Our experts are researchers who have been engaged in professional qualification CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Practice exams for many years and they have a keen sense of smell in the direction of the examination. Also, we adopt the useful suggestions about our Test CIMAPRO15-P01-X1-ENG King study materials from our customers. Now, our study materials are out of supply.
So please feel free to contact us if you have any trouble on our CIMAPRO15-P01-X1-ENG Practice practice questions. We offer 24 - hour, 365 – day online customer service to every user on our CIMAPRO15-P01-X1-ENG Practice study materials. Our service staff will help you solve the problem about the CIMAPRO15-P01-X1-ENG Practice training materials with the most professional knowledge and enthusiasm.
CIMA CIMAPRO15-P01-X1-ENG Practice - Victory won't come to me unless I go to it.
Our CIMAPRO15-P01-X1-ENG Practice practice braindumps beckon exam candidates around the world with our attractive characters. Our experts made significant contribution to their excellence of the CIMAPRO15-P01-X1-ENG Practice study materials. So we can say bluntly that our CIMAPRO15-P01-X1-ENG Practice simulating exam is the best. Our effort in building the content of our CIMAPRO15-P01-X1-ENG Practice learning questions lead to the development of learning guide and strengthen their perfection.
All CIMAPRO15-P01-X1-ENG Practice test questions offered by us are tested and selected by our senior experts in IT filed, which only need little time to focus on the practice and the preparation. We provide our customers with the most reliable learning materials about CIMAPRO15-P01-X1-ENG Practice certification exam and the guarantee of pass.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 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
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/
QUESTION NO: 4
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: 5
A flexible budget is a budget that is:
A. continuously updated by adding a further accounting period when the earliest accounting period has expired
B. changed in response to changes in costs
C. set prior to the control period and not subsequently changed in response to changes in activity period has expired
D. changed in response to changes in the level of activity
Answer: D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-30/
The high quality product like our Microsoft PL-400 study quiz has no need to advertise everywhere, and exerts influential effects which are obvious and everlasting during your preparation. Now, quickly download SAP C-S4FCF-2023 free demo for try. You will find the exam is a piece of cake with the help of our Microsoft SC-900 study materials. With the EMC D-OME-OE-A-24 training pdf, you can get the knowledge you want in the actual test, so you do not need any other study material. And if you want to get all benefits like that, our SAP C_TS462_2023 training quiz is your rudimentary steps to begin.
Updated: May 27, 2022