Our experts generalize the knowledge of the exam into our CIMAPRO15-P01-X1-ENG Test Duration exam materials showing in three versions. PDF version of CIMAPRO15-P01-X1-ENG Test Duration study questions - support customers' printing request, and allow you to have a print and practice in papers. Software version of CIMAPRO15-P01-X1-ENG Test Duration learning guide - supporting simulation test system. More than tens of thousands of exam candidate coincide to choose our CIMAPRO15-P01-X1-ENG Test Durationpractice materials and passed their exam with satisfied scores, a lot of them even got full marks. According to the data that are proved and tested by our loyal customers, the pass rate of our CIMAPRO15-P01-X1-ENG Test Duration exam questions is high as 98% to 100%. It is all about efficiency and accuracy.
CIMA Certification CIMAPRO15-P01-X1-ENG We are 7*24*365 online service.
CIMA Certification CIMAPRO15-P01-X1-ENG Test Duration - P1 - Management Accounting Question Tutorial The strength of our the IT elite team will make you feel incredible. Our online version of Valid Test CIMAPRO15-P01-X1-ENG Fee learning guide does not restrict the use of the device. You can use the computer or you can use the mobile phone.
Some of them who have passed the CIMA certification CIMAPRO15-P01-X1-ENG Test Duration exam also use Omgzlook's products. Selecting Omgzlook means choosing a success Omgzlook is a website to improve the pass rate of CIMA certification CIMAPRO15-P01-X1-ENG Test Duration exam.
CIMA CIMAPRO15-P01-X1-ENG Test Duration - The free demo has three versions.
Never say you can not do it. This is my advice to everyone. Even if you think that you can not pass the demanding CIMA CIMAPRO15-P01-X1-ENG Test Duration exam. You can find a quick and convenient training tool to help you. Omgzlook's CIMA CIMAPRO15-P01-X1-ENG Test Duration exam training materials is a very good training materials. It can help you to pass the exam successfully. And its price is very reasonable, you will benefit from it. So do not say you can't. If you do not give up, the next second is hope. Quickly grab your hope, itis in the Omgzlook's CIMA CIMAPRO15-P01-X1-ENG Test Duration exam training materials.
Where is a will, there is a way. And our CIMAPRO15-P01-X1-ENG Test Duration exam questions are the exact way which can help you pass the exam and get the certification with ease.
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/
Cisco 700-240 - In addition, the exam qualification can prove that you have high skills. Here our Amazon CLF-C02 study materials are tailor-designed for you. Fortinet NSE7_OTS-7.2 - What do you know about Omgzlook? Have you ever used Omgzlook exam dumps or heard Omgzlook dumps from the people around you? As professional exam material providers in IT certification exam, Omgzlook is certain the best website you've seen. Avaya 71402X - Omgzlook has a huge IT industry elite team. ACAMS CAMS-KR - CIMA certification exam is one of the important exams.
Updated: May 27, 2022