Though our CIMAPRO15-P01-X1-ENG Reliable Test Dumps training guide is proved to have high pass rate, but If you try our CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam questions but fail in the final exam, we can refund the fees in full only if you provide us with a transcript or other proof that you failed the exam. We believe that our business will last only if we treat our customers with sincerity and considerate service. So, please give the CIMAPRO15-P01-X1-ENG Reliable Test Dumps study materials a chance to help you. The three versions are very flexible for all customers to operate. According to your actual need, you can choose the version for yourself which is most suitable for you to preparing for the coming exam. We assume all the responsibilities that our practice materials may bring.
CIMA Certification CIMAPRO15-P01-X1-ENG It is useless if you do not prepare well.
All questions on our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Reliable Test Dumps study materials are strictly in accordance with the knowledge points on newest test syllabus. So you must act from now. As we all know, time and tide wait for no man.
When you try our part of CIMA certification CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam practice questions and answers, you can make a choice to our Omgzlook. We will be 100% providing you convenience and guarantee. Remember that making you 100% pass CIMA certification CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam is Omgzlook.
CIMA CIMAPRO15-P01-X1-ENG Reliable Test Dumps - I wish you good luck.
Omgzlook website is fully equipped with resources and the questions of CIMA CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam, it also includes the CIMA CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam practice test. Which can help candidates prepare for the exam and pass the exam. You can download the part of the trial exam questions and answers as a try. Omgzlook provide true and comprehensive exam questions and answers. With our exclusive online CIMA CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam training materials, you'll easily through CIMA CIMAPRO15-P01-X1-ENG Reliable Test Dumps exam. Our site ensure 100% pass rate.
We all know that in the fiercely competitive IT industry, having some IT authentication certificates is very necessary. IT authentication certificate is a best proof for your IT professional knowledge and experience.
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/
Fortinet FCP_FAZ_AD-7.4 - Passed the exam certification in the IT industry will be reflected in international value. IBM C1000-127 - The Omgzlook exists precisely to your success. CIMA Dell D-PWF-OE-A-00 certification exam will definitely lead you to a better career prospects. Omgzlook CIMA CIW 1D0-724 exam training materials bear with a large number of the exam questions you need, which is a good choice. Omgzlook's CIMA Microsoft AZ-305-KR exam training materials is the best training materials, this is not doubt.
Updated: May 27, 2022