It is easy for you to pass the exam because you only need 20-30 hours to learn and prepare for the exam. You may worry there is little time for you to learn the CIMAPRO15-P01-X1-ENG Reliable Exam Objectives study tool and prepare the exam because you have spent your main time and energy on your most important thing such as the job and the learning and can’t spare too much time to learn. But if you buy our P1 - Management Accounting Question Tutorial test torrent you only need 1-2 hours to learn and prepare the exam and focus your main attention on your most important thing. So if you are in a dark space, our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives exam questions can inspire you make great improvements. Just believe in our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives training guide and let us lead you to a brighter future! So, are you ready? Buy our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives guide questions; it will not let you down.
CIMA Certification CIMAPRO15-P01-X1-ENG Just buy it and you will love it!
Come to study our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Reliable Exam Objectives learning materials. Once it is time to submit your exercises, the system of the New CIMAPRO15-P01-X1-ENG Exam Dumps preparation exam will automatically finish your operation. After a several time, you will get used to finish your test on time.
Our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives exam materials are famous among candidates. Once they need to prepare an exam, our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives study materials are their first choice. As you know, it is troublesome to get the CIMAPRO15-P01-X1-ENG Reliable Exam Objectivescertificate.
CIMA CIMAPRO15-P01-X1-ENG Reliable Exam Objectives - But even the best people fail sometimes.
It is not just an easy decision to choose our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives prep guide, because they may bring tremendous impact on your individuals development. Holding a professional certificate means you have paid more time and effort than your colleagues or messmates in your major, and have experienced more tests before succeed. Our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives real questions can offer major help this time. And our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives study braindumps deliver the value of our services. So our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives real questions may help you generate financial reward in the future and provide more chances to make changes with capital for you and are indicative of a higher quality of life.
You really need our CIMAPRO15-P01-X1-ENG Reliable Exam Objectives practice materials which can work as the pass guarantee. Nowadays, the certification has been one of the criteria for many companies to recruit employees.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 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
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: 4
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: 5
A flexible budget is a budget that is:
A. continuously updated by adding a further accounting period when the earliest accounting period has expired
B. changed in response to changes in costs
C. set prior to the control period and not subsequently changed in response to changes in activity period has expired
D. changed in response to changes in the level of activity
Answer: D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-30/
Instead of focusing on profits, we determined to help every customer harvest desirable outcomes by our Google Cloud-Digital-Leader training materials. If you want to be one of them, please allow me to recommend the SAP C_HRHPC_2405 learning questions from our company to you, the superb quality of SAP C_HRHPC_2405 exam braindumps we've developed for has successfully helped thousands of candidates to realize their dreams. IBM C1000-138 - Through the trial you will have different learning experience, you will find that what we say is not a lie, and you will immediately fall in love with our products. SAP C_ARSOR_2404 - The only aim of our company is to help each customer pass their exam as well as getting the important certification in a short time. IBM C1000-137 - Just have a try and you will love them!
Updated: May 27, 2022