Our company's experts are daily testing our CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions study guide for timely updates. So we solemnly promise the users, our products make every effort to provide our users with the latest learning materials. As long as the users choose to purchase our CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions exam dumps, there is no doubt that he will enjoy the advantages of the most powerful update. On Omgzlook website you can free download part of the exam questions and answers about CIMA certification CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions exam to quiz our reliability. Omgzlook's products can 100% put you onto a success away, then the pinnacle of IT is a step closer to you. Users can not only learn new knowledge, can also apply theory into the actual problem, but also can leak fill a vacancy, can say such case selection is to meet, so to grasp the opportunity!
Our CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions actual test guide can give you some help.
Before you decide to buy Omgzlook of CIMA CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Reliable Exam Lab Questions exam questions, you will have a free part of the questions and answers as a trial. The future is really beautiful, but now, taking a crucial step is even more important! Buy CIMAPRO15-P01-X1-ENG Flexible Learning Mode exam prep and stick with it.
And the materials we have are very cheap. Do not believe it, see it and then you will know. Are you an IT staff? Are you enroll in the most popular IT certification exams? If you tell me "yes", then I will tell you a good news that you're in luck.
CIMA CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions - Then join our preparation kit.
CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions exam materials provide you the best learning prospects, by employing minimum exertions through the results are satisfyingly surprising, beyond your expectations. Despite the intricate nominal concepts, CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions exam dumps questions have been streamlined to the level of average candidates, pretense no obstacles in accepting the various ideas. The combination of CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions Exam practice software and PDF Questions and Answers make the preparation easier and increase the chances to get higher score in the CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions exam.
What most useful is that PDF format of our CIMAPRO15-P01-X1-ENG Reliable Exam Lab Questions exam materials can be printed easily, you can learn it everywhere and every time you like. It is really convenient for candidates who are busy to prepare the exam.
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/
Our HP HPE7-M01 exam material is good to HP HPE7-M01 pass exam in a week. Put down all your worries and come to purchase our Scrum SAFe-SASM learning quiz! Dell D-AX-DY-A-00 - The use of test preparation exam questions helps them to practice thoroughly. Our Google Cloud-Digital-Leader learning questions have its own advantage. Moreover if you are not willing to continue our Dell D-PV-DY-A-00 test braindumps service, we would delete all your information instantly without doubt.
Updated: May 27, 2022