Your life will be even more exciting. If you are a child's mother, with CIMAPRO15-P01-X1-ENG Latest Exam Online test answers, you will have more time to stay with your if you are a student, with CIMAPRO15-P01-X1-ENG Latest Exam Online exam torrent, you will have more time to travel to comprehend the wonders of the world. In the other worlds, with CIMAPRO15-P01-X1-ENG Latest Exam Online guide tests, learning will no longer be a burden in your life. With all the questons and answers of our CIMAPRO15-P01-X1-ENG Latest Exam Online study materials, your success is 100% guaranteed. Moreover, we have Demos as freebies. With our CIMAPRO15-P01-X1-ENG Latest Exam Online study materials, you can have different and pleasure study experience as well as pass CIMAPRO15-P01-X1-ENG Latest Exam Online exam easily.
CIMA Certification CIMAPRO15-P01-X1-ENG 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 CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Latest Exam Online exam, because the exam is not achieved overnight, so many people are trying to find a suitable way. Also the useful small buttons can give you a lot of help on our Test CIMAPRO15-P01-X1-ENG Voucher study guide. Some buttons are used for hide or display answers.
Our users are willing to volunteer for us. You can imagine this is a great set of CIMAPRO15-P01-X1-ENG Latest Exam Online learning guide! Next, I will introduce you to the most representative advantages of CIMAPRO15-P01-X1-ENG Latest Exam Online real exam.
CIMA CIMAPRO15-P01-X1-ENG Latest Exam Online test question will change your perception.
Our CIMAPRO15-P01-X1-ENG Latest Exam Online exam prep will give you a complete after-sales experience. You can consult online no matter what problems you encounter. You can get help anywhere, anytime in our CIMAPRO15-P01-X1-ENG Latest Exam Online test material. CIMAPRO15-P01-X1-ENG Latest Exam Online test questions have very high quality services in addition to their high quality and efficiency. If you use CIMAPRO15-P01-X1-ENG Latest Exam Online test material, you will have a very enjoyable experience while improving your ability. We have always advocated customer first. If you use our learning materials to achieve your goals, we will be honored. CIMAPRO15-P01-X1-ENG Latest Exam Online exam prep look forward to meeting you.
Now, our company is specialized in design, development, manufacturing, marketing and retail of the CIMAPRO15-P01-X1-ENG Latest Exam Online test question, aimed to provide high quality product, solutions based on customer's needs and perfect service of the CIMAPRO15-P01-X1-ENG Latest Exam Online exam braindump. At the same time, we have formed a group of passionate researchers and experts, which is our great motivation of improvement.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 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/
After you use our study materials, you can get Scrum PSK-I certification, which will better show your ability, among many competitors, you will be very prominent. In addition, the ISC CISSP study dumps don’t occupy the memory of your computer. EMC D-PDM-DY-23 - It will be a first step to achieve your dreams. There may be a lot of people feel that the preparation process for Fortinet FCP_FMG_AD-7.4 exams is hard and boring, and hard work does not necessarily mean good results, which is an important reason why many people are afraid of examinations. Our Microsoft AZ-120 real exam try to ensure that every customer is satisfied, which can be embodied in the convenient and quick refund process.
Updated: May 27, 2022