First of all, our CIMAPRO15-P01-X1-ENG New Free Study Guide study materials are very rich, so you are free to choose. At the same time, you can switch to suit your learning style at any time. Because our CIMAPRO15-P01-X1-ENG New Free Study Guide learning quiz is prepared to meet your diverse needs. Our CIMAPRO15-P01-X1-ENG New Free Study Guide training prep is credible and their quality can stand the test. Therefore, our practice materials can help you get a great financial return in the future and you will have a good quality of life. And at the same time, we always keep our questions and answers to the most accurate and the latest.
CIMA Certification CIMAPRO15-P01-X1-ENG You can directly select our products.
CIMA Certification CIMAPRO15-P01-X1-ENG New Free Study Guide - P1 - Management Accounting Question Tutorial And you can free donwload the demos to have a look. But even the best people fail sometimes. In addition to the lack of effort, you may also not make the right choice on our CIMAPRO15-P01-X1-ENG Reasonable Exam Price exam questions.
And our CIMAPRO15-P01-X1-ENG New Free Study Guide study braindumps deliver the value of our services. So our CIMAPRO15-P01-X1-ENG New Free Study Guide 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. It is not just an easy decision to choose our CIMAPRO15-P01-X1-ENG New Free Study Guide prep guide, because they may bring tremendous impact on your individuals development.
CIMA CIMAPRO15-P01-X1-ENG New Free Study Guide - Just have a try and you will love them!
After the user has purchased our CIMAPRO15-P01-X1-ENG New Free Study Guide learning materials, we will discover in the course of use that our product design is extremely scientific and reasonable. Details determine success or failure, so our every detail is strictly controlled. For example, our learning material's Windows Software page is clearly, our CIMAPRO15-P01-X1-ENG New Free Study Guide Learning material interface is simple and beautiful. There are no additional ads to disturb the user to use the CIMAPRO15-P01-X1-ENG New Free Study Guide learning material. Once you have submitted your practice time, CIMAPRO15-P01-X1-ENG New Free Study Guide learning Material system will automatically complete your operation.
The best way to gain success is not cramming, but to master the discipline and regular exam points of question behind the tens of millions of questions. Our CIMAPRO15-P01-X1-ENG New Free Study Guide preparation materials can remove all your doubts about the exam.
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/
Then windows software of the IBM C1000-127 exam questions, which needs to install on windows software. Fortinet NSE7_SDW-7.2 - Our online workers are going through professional training. Cisco 300-730 - Our Omgzlook is a professional website to provide accurate exam material for a variety of IT certification exams. Our SAP C-TS422-2023 learning guide allows you to study anytime, anywhere. Senior IT experts in the Omgzlook constantly developed a variety of successful programs of passing CIMA certification CompTIA PT0-003 exam, so the results of their research can 100% guarantee you CIMA certification CompTIA PT0-003 exam for one time.
Updated: May 27, 2022