Many candidates who take the qualifying exams are not aware of our products and are not guided by our systematic guidance, and our users are much superior to them. In similar educational products, the CIMAPRO15-P01-X1-ENG Test Collection Materials quiz guide is absolutely the most practical. Also, from an economic point of view, our P1 - Management Accounting Question Tutorial exam dumps is priced reasonable, so the CIMAPRO15-P01-X1-ENG Test Collection Materials test material is very responsive to users, user satisfaction is also leading the same products. Our CIMAPRO15-P01-X1-ENG Test Collection Materials exam torrent is available in different versions. Whether you like to study on a computer or enjoy reading paper materials, our test prep can meet your needs. In addition to the necessary theoretical knowledge, we need more skills.
CIMA Certification CIMAPRO15-P01-X1-ENG We will never neglect any user.
We offer hearty help for your wish of certificate of the CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Test Collection Materials exam. If you decide to buy a Latest CIMAPRO15-P01-X1-ENG Dumps exam braindumps, you definitely want to use it right away! Latest CIMAPRO15-P01-X1-ENG Dumps training guide’s powerful network and 24-hour online staff can meet your needs.
They are unsuspecting experts who you can count on. Without unintelligible content within our CIMAPRO15-P01-X1-ENG Test Collection Materials study tool, all questions of the exam are based on their professional experience in this industry. Besides, they made three versions for your reference, the PDF, APP and Online software version.
CIMA CIMAPRO15-P01-X1-ENG Test Collection Materials - Don't hesitate!
Among global market, CIMAPRO15-P01-X1-ENG Test Collection Materials guide question is not taking up such a large share with high reputation for nothing. And we are the leading practice materials in this dynamic market. To facilitate your review process, all questions and answers of our CIMAPRO15-P01-X1-ENG Test Collection Materials test question is closely related with the real exam by our experts who constantly keep the updating of products to ensure the accuracy of questions, so all CIMAPRO15-P01-X1-ENG Test Collection Materials guide question is 100 percent assured. We make CIMAPRO15-P01-X1-ENG Test Collection Materials exam prep from exam candidate perspective, and offer high quality practice materials with reasonable prices but various benefits.
The efficiency of our CIMAPRO15-P01-X1-ENG Test Collection Materials exam braindumps has far beyond your expectation. On one hand, our CIMAPRO15-P01-X1-ENG Test Collection Materials study materials are all the latest and valid exam questions and answers that will bring you the pass guarantee.
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
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: 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/
Microsoft PL-500-CN - And if you get any questions, please get contact with us, our staff will be online 24/7 to solve your problems all the way. With our high-accuracy Fortinet NSE7_SDW-7.2 test guide, our candidates can grasp the key points, and become sophisticated with the exam content. Being the most competitive and advantageous company in the market, our Pegasystems PEGACPLSA23V1 practice quiz have help tens of millions of exam candidates realize their dreams all these years. Our Dell D-AX-DY-A-00 study questions not only have three different versions for our customers to choose and enjoy the convenience and preasure in the varied displays. Their enrichment is dependable and reliable on the HP HPE6-A73 training braindumps.
Updated: May 27, 2022