For example, the CIMAPRO15-P01-X1-ENG Free Practice practice dumps contain the comprehensive contents which relevant to the actual test, with which you can pass your CIMAPRO15-P01-X1-ENG Free Practice actual test with high score. Besides, you can print the CIMAPRO15-P01-X1-ENG Free Practice study torrent into papers, which can give a best way to remember the questions. We guarantee full refund for any reason in case of your failure of CIMAPRO15-P01-X1-ENG Free Practice test. Select Omgzlook CIMAPRO15-P01-X1-ENG Free Practice exam material, so that you do not need yo waste your money and effort. And it will also allow you to have a better future. Our updated and useful CIMAPRO15-P01-X1-ENG Free Practice will be the best tool for your success.
Our CIMAPRO15-P01-X1-ENG Free Practice latest study guide can help you.
Omgzlook's CIMA CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Free Practice training materials are studied by the experienced IT experts. Most returned customers said that our CIMAPRO15-P01-X1-ENG Real Sheets dumps pdf covers the big part of main content of the certification exam. Questions and answers from our CIMAPRO15-P01-X1-ENG Real Sheets free download files are tested by our certified professionals and the accuracy of our questions are 100% guaranteed.
Because of its high efficiency, you can achieve remarkable results. Omgzlook helped many people taking IT certification exam who thought well of our exam dumps. 100% guarantee to pass IT certification test.
Our CIMA CIMAPRO15-P01-X1-ENG Free Practice free demo is available for all of you.
Our CIMAPRO15-P01-X1-ENG Free Practice training materials have won great success in the market. Tens of thousands of the candidates are learning on our CIMAPRO15-P01-X1-ENG Free Practice practice engine. First of all, our CIMAPRO15-P01-X1-ENG Free Practice study dumps cover all related tests about computers. It will be easy for you to find your prepared learning material. If you are suspicious of our CIMAPRO15-P01-X1-ENG Free Practice exam questions, you can download the free demo from our official websites.
To all customers who bought our CIMAPRO15-P01-X1-ENG Free Practice pdf torrent, all can enjoy one-year free update. We will send you the latest version immediately once we have any updating about this test.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 4
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: 5
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/
Microsoft AZ-204 - Do not lose the wonderful chance to advance with times. Comparing to PDF version, the software test engine of CIMA HP HPE7-A01 also can simulate the real exam scene so that you can overcome your bad mood for the real exam and attend exam casually. Dell D-HCIAZ-A-01 - So you don’t need to wait for a long time and worry about the delivery time or any delay. With the help of our SAP C_SIGDA_2403 dumps collection, all level of candidates can grasp the key content of the real exam and solve the difficulty of SAP C_SIGDA_2403 real questions easily. Because our materials not only has better quality than any other same learn products, but also can guarantee that you can pass the SAP C_HRHPC_2405 exam with ease.
Updated: May 27, 2022