If you are determined to purchase our CIMAPRO15-P01-X1-ENG Free Download latest dumps materials, please prepare a credit card for payment. For most countries we just support credit card. You can click the PDF version or Soft version or the package of CIMA CIMAPRO15-P01-X1-ENG Free Download latest dumps, add to cart, then you enter your email address, discount (if have) and click payment, then page transfers to credit card payment. The passing rate of our CIMAPRO15-P01-X1-ENG Free Download study materials is 99% and the hit rate is also high. Our study materials are selected strictly based on the real CIMAPRO15-P01-X1-ENG Free Download exam. It allows you to study anywhere and anytime as long as you download our CIMAPRO15-P01-X1-ENG Free Download practice questions.
CIMA Certification CIMAPRO15-P01-X1-ENG As for us, the customer is God.
CIMA Certification CIMAPRO15-P01-X1-ENG Free Download - P1 - Management Accounting Question Tutorial They can not only achieve this, but ingeniously help you remember more content at the same time. Many customers may be doubtful about our price. The truth is our price is relatively cheap among our peer.
Our CIMAPRO15-P01-X1-ENG Free Download preparation practice are highly targeted and have a high hit rate, there are a lot of learning skills and key points in the exam, even if your study time is very short, you can also improve your CIMAPRO15-P01-X1-ENG Free Download exam scores very quickly. Even if you have a week foundation, I believe that you will get the certification by using our CIMAPRO15-P01-X1-ENG Free Download study materials. We can claim that with our CIMAPRO15-P01-X1-ENG Free Download practice engine for 20 to 30 hours, you will be ready to pass the exam with confidence.
CIMA CIMAPRO15-P01-X1-ENG Free Download - Perhaps you do not understand.
For years our team has built a top-ranking brand with mighty and main which bears a high reputation both at home and abroad. The sales volume of the CIMAPRO15-P01-X1-ENG Free Download test practice guide we sell has far exceeded the same industry and favorable rate about our products is approximate to 100%. Why the clients speak highly of our CIMAPRO15-P01-X1-ENG Free Download exam dump? Our dedicated service, high quality and passing rate and diversified functions contribute greatly to the high prestige of our products. We provide free trial service before the purchase, the consultation service online after the sale, free update service and the refund service in case the clients fail in the test.
As long as you are convenient, you can choose to use a computer to learn, you can also choose to use mobile phone learning. No matter where you are, you can choose your favorite equipment to study our CIMAPRO15-P01-X1-ENG Free Download learning materials.
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/
PMI PMO-CP - In modern society, we are busy every day. Watch carefully you will find that more and more people are willing to invest time and energy on the Dell D-AX-RH-A-00 exam, because the exam is not achieved overnight, so many people are trying to find a suitable way. You may find that there are a lot of buttons on the website which are the links to the information that you want to know about our Huawei H28-121_V1.0 exam braindumps. IBM C1000-005 - Our users are willing to volunteer for us. In order to meet a wide range of tastes, our company has developed the three versions of the HP HPE7-A04 preparation questions, which includes PDF version, online test engine and windows software.
Updated: May 27, 2022