Our CIMAPRO15-P01-X1-ENG Bootcamp Materials exam materials are formally designed for the exam. With its help, you don't have to worry about the exam any more for it almost guarantees you get what you want. If you think i'm exaggerating, you might as well take a look at our CIMAPRO15-P01-X1-ENG Bootcamp Materials actual exam. We believe that our business will last only if we treat our customers with sincerity and considerate service. So, please give the CIMAPRO15-P01-X1-ENG Bootcamp Materials study materials a chance to help you. According to the needs of all people, the experts and professors in our company designed three different versions of the CIMAPRO15-P01-X1-ENG Bootcamp Materials study materials for all customers.
CIMA Certification CIMAPRO15-P01-X1-ENG Please remember you are the best.
After all, you do not know the CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Bootcamp Materials exam clearly. Our sales volumes are beyond your imagination. Every day thousands of people browser our websites to select our Reliable CIMAPRO15-P01-X1-ENG Exam Bootcamp Materials exam materials.
When you try our part of CIMA certification CIMAPRO15-P01-X1-ENG Bootcamp Materials exam practice questions and answers, you can make a choice to our Omgzlook. We will be 100% providing you convenience and guarantee. Remember that making you 100% pass CIMA certification CIMAPRO15-P01-X1-ENG Bootcamp Materials exam is Omgzlook.
CIMA CIMAPRO15-P01-X1-ENG Bootcamp Materials - I wish you good luck.
Omgzlook website is fully equipped with resources and the questions of CIMA CIMAPRO15-P01-X1-ENG Bootcamp Materials exam, it also includes the CIMA CIMAPRO15-P01-X1-ENG Bootcamp Materials exam practice test. Which can help candidates prepare for the exam and pass the exam. You can download the part of the trial exam questions and answers as a try. Omgzlook provide true and comprehensive exam questions and answers. With our exclusive online CIMA CIMAPRO15-P01-X1-ENG Bootcamp Materials exam training materials, you'll easily through CIMA CIMAPRO15-P01-X1-ENG Bootcamp Materials exam. Our site ensure 100% pass rate.
Omgzlook's latest training material about CIMA certification CIMAPRO15-P01-X1-ENG Bootcamp Materials exam have 95% similarity with the real test. If you use Omgzlook'straining program, you can 100% pass the exam.
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
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: 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/
Oracle 1z1-106 - It is a professional exam materials that the IT elite team specially tailored for you. EMC D-PDC-DY-23 - But pass this test will not be easy. Omgzlook's CIMA Oracle 1z0-1084-24 exam training materials is a proven software. Dear candidates, have you thought to participate in any CIMA Huawei H19-315 exam training courses? In fact, you can take steps to pass the certification. If you are still troubled for the CIMA Oracle 1Z0-819 certification exam, then select the Omgzlook's training materials please.
Updated: May 27, 2022