If you purchase our CIMAPRO15-P01-X1-ENG New Study Questions Book preparation questions, it will be very easy for you to easily and efficiently find the exam focus. More importantly, if you take our products into consideration, our CIMAPRO15-P01-X1-ENG New Study Questions Book study materials will bring a good academic outcome for you. At the same time, we believe that our CIMAPRO15-P01-X1-ENG New Study Questions Book training quiz will be very useful for you to have high quality learning time during your learning process. So it equals that you have made a worthwhile investment. Firstly, you will learn many useful knowledge and skills from our CIMAPRO15-P01-X1-ENG New Study Questions Book exam guide, which is a valuable asset in your life. The CIMAPRO15-P01-X1-ENG New Study Questions Book preparation exam from our company will help you keep making progress.
CIMA Certification CIMAPRO15-P01-X1-ENG Our experts have taken your worries seriously.
The content system of CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial New Study Questions Book exam simulation is constructed by experts. When the interface displays that you have successfully paid for our Training CIMAPRO15-P01-X1-ENG Kit study materials, our specific online sales workers will soon deal with your orders. You will receive the Training CIMAPRO15-P01-X1-ENG Kit study materials no later than ten minutes.
Perhaps you have doubts about this "shortest time." I believe that after you understand the professional configuration of CIMAPRO15-P01-X1-ENG New Study Questions Book training questions, you will agree with what I said. What our CIMAPRO15-P01-X1-ENG New Study Questions Book study materials contain are all the real questions and answers that will come out in the real exam. As long as you study with our CIMAPRO15-P01-X1-ENG New Study Questions Book exam braindumps for 20 to 30 hours that we can claim that you will pass the exam for sure.
CIMA CIMAPRO15-P01-X1-ENG New Study Questions Book - You can experience it in advance.
In order to meet the request of current real test, the technology team of research on Omgzlook CIMA CIMAPRO15-P01-X1-ENG New Study Questions Book exam materials is always update the questions and answers in time. We always accept feedbacks from users, and take many of the good recommendations, resulting in a perfect Omgzlook CIMA CIMAPRO15-P01-X1-ENG New Study Questions Book exam materials. This allows Omgzlook to always have the materials of highest quality.
Our target is to reduce your pressure and improve your learning efficiency from preparing for CIMAPRO15-P01-X1-ENG New Study Questions Book exam. If you still worry about your CIMAPRO15-P01-X1-ENG New Study Questions Book exam; if you still doubt whether it is worthy of purchasing our software, what you can do to clarify your doubts is to download our CIMAPRO15-P01-X1-ENG New Study Questions Book free demo.
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
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: 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/
HP HPE7-A05 - We guarantee that you can pass the exam easily. ACAMS CAMS-CN - If not, your usage of our dump this time will make you treat our Omgzlook as the necessary choice to prepare for other IT certification exams later. Google Professional-Data-Engineer - Omgzlook is a website that provide accurate exam materials for people who want to participate in the IT certification. The secret that Omgzlook helps many candidates pass Juniper JN0-637 exam is CIMA exam questions attentively studied by our professional IT team for years, and the detailed answer analysis. EMC D-PM-MN-23 - If you choose Omgzlook study guide, you will find the test questions and test answers are certainly different and high-quality, which is the royal road to success.
Updated: May 27, 2022