Are you still worried about not passing the CIMAPRO15-P01-X1-ENG exam? Do you want to give up because of difficulties and pressure when reviewing? You may have experienced a lot of difficulties in preparing for the exam, but fortunately, you saw this message today because our well-developed CIMAPRO15-P01-X1-ENG Exam Questions: P1 - Management Accounting Question Tutorial will help you tide over all the difficulties. As a multinational company, our CIMAPRO15-P01-X1-ENG training quiz serves candidates from all over the world. No matter which country you are currently in, you can be helped by our CIMAPRO15-P01-X1-ENG real exam. Up to now, our CIMAPRO15-P01-X1-ENG training quiz has helped countless candidates to obtain desired certificate. If you want to be one of them, please take a two-minute look at our CIMAPRO15-P01-X1-ENG real exam.

DOWNLOAD DEMO

Reliable and timely refunds

It is our consistent aim to serve our customers wholeheartedly. Our CIMAPRO15-P01-X1-ENG real exam try to ensure that every customer is satisfied, which can be embodied in the convenient and quick refund process. Although the passing rate of our CIMAPRO15-P01-X1-ENG training quiz is close to 100 %, if you are still worried, we can give you another guarantee: if you don't pass the exam, you can get a full refund. Yes, this is the truth. As long as you can provide us with a transcript or other proof of your failure, we can refund you the full amount immediately. The goal of our CIMAPRO15-P01-X1-ENG Exam Questions: P1 - Management Accounting Question Tutorial is always to get you through the CIMAPRO15-P01-X1-ENG exam. If you don't pass, we won't earn you any money. This is what we should do for you as a responsible company.

Immediate use after payment

As the famous saying goes, time is life. Time is so important to everyone because we have to use our limited time to do many things. Especially for candidates to take the CIMAPRO15-P01-X1-ENG exam, time is very precious. They must grasp every minute and every second to prepare for it. From the point of view of all the candidates, our CIMAPRO15-P01-X1-ENG training quiz give full consideration to this problem. We can send you a link within 5 to 10 minutes after your payment. You can click on the link immediately to download our CIMAPRO15-P01-X1-ENG real exam, never delaying your valuable learning time. If you want time - saving and efficient learning, our CIMAPRO15-P01-X1-ENG Exam Questions: P1 - Management Accounting Question Tutorial is definitely your best choice.

Superior quality and efficiency

We believe that every customer pays most attention to quality when he is shopping. Only high-quality goods can meet the needs of every customer better. And our CIMAPRO15-P01-X1-ENG training quiz has such high quality, because its hit rate of test questions is extremely high. Perhaps you will find in the examination that a lot of questions you have seen many times in our CIMAPRO15-P01-X1-ENG real exam. In addition, the passing rate is the best test for quality of study materials. And we can be very proud to tell you that the passing rate of our CIMAPRO15-P01-X1-ENG Exam Questions: P1 - Management Accounting Question Tutorial is almost 100 %. That is to say, as long as you choose our study materials and carefully review according to its content, passing the CIMAPRO15-P01-X1-ENG exam is a piece of cake. We're definitely not exaggerating. If you don't believe, you can give it a try.

CIMA P1 - Management Accounting Question Tutorial Sample Questions:

1. TP makes wedding cakes that are sold to specialist retail outlets which decorate the cakes according to the customers' specific requirements. The standard cost per unit of its most popular cake is as follows:

The general market prices at the time of purchase for Ingredient A and Ingredient B were $23 per kg and $20 per kg respectively. TP operates a JIT purchasing system for ingredients and a JIT production system; therefore, there was no inventory during the period.
What was the material yield variance?

A) The material yield variance was $175 500 A
B) The material yield variance was $98 500 A
C) The material yield variance was $155 000 A
D) The material yield variance was $155 500 A
E) The material yield variance was $175 000 A

2. A company sells and services photocopying machines. Its sales department sells the machines and consumables, including ink and paper, and its service department provides an after sales service to its customers. The after sales service includes planned maintenance of the machine and repairs in the event of a machine breakdown. Service department customers are charged an amount per copy that differs depending on the size of the machine.
The company's existing costing system uses a single overhead rate, based on total sales revenue from copy charges, to charge the cost of the Service Department's support activities to each size of machine. The Service Manager has suggested that the copy charge should more accurately reflect the costs involved. The company's accountant has decided to implement an activity-based costing system and has obtained the following information about the support activities of the service department:

Calculate the annual profit per machine for each of the three sizes of machine, using the current basis for charging the costs of support activities to machines.

A) The profit per machine for the medium machine was: $1276
B) The profit per machine for the medium machine was: $1376
C) The profit per machine for the medium machine was: $1250
D) The profit per machine for the medium machine was: $1350

3. A company has budgeted to produce 5,000 units of Product B per month. The opening and closing inventories
of Product B for next month are budgeted to be 400 units and 900 units respectively. The budgeted selling price and variable production costs per unit for Product B are as follows:

Total budgeted fixed production overheads are $29,500 per month.
The company absorbs fixed production overheads on the basis of the budgeted number of units produced. The budgeted profit for Product B for next month, using absorption costing, is $20,700.
Prepare a marginal costing statement which shows the budgeted profit for Product B for next month.
What was the marginal costing profit for the next month?

A) $17 890
B) $18 600
C) $17 750
D) $18 750

4. 'A zero-based budgeting system involves establishing decision packages that are then ranked in order of their relative importance in meeting the organization's objectives'.
Which of the following is true regarding he difficulties that a not-for-profit organization may experience when trying to rank decision packages.
Select ALL true statements.

A) The activities that are being proposed in a budget are described in decision packages. There will often be more than one decision package proposed for an activity.
B) Some of these packages will be mutually inclusive and will require management to select the best solution to the issue involved.
C) Some of these packages will be inclusive and will require operations to select the best solution to the issue involved.
D) In a public sector body, for example, decision packages will relate profit making activities.
E) Management may decide to reject packages even though the activity was done last year. In this way the organization is said to be starting from a zero base with each package given due consideration.
F) The activities that are being proposed in a budget are described in variable packages. There will often be more less than one decision package proposed for an activity.
G) Each decision package is evaluated. Its costs are compared to its benefits and net present values or other measures calculated.
H) In a public sector body, for example, decision packages will relate to very disparate activities.
I) Management may decide to accept packages even though the activity was done last year. In this way the organization is said to be starting from a 100% cost base with each package given due consideration.

5. RT produces two products from different quantities of the same resources using a just-in-time (JIT) production system. The selling price and resource requirements of each of the products are shown below:

Market research shows that the maximum demand for products R and T during June 2010 is 500 units and
800 units respectively. This does not include an order that RT has agreed with a commercial customer for the supply of 250 units of R and 350 units of T at selling prices of $100 and $135 per unit respectively. Although the customer will accept part of the order, failure by RT to deliver the order in full by the end of June will cause RT to incur a $10,000 financial penalty. At a recent meeting of the purchasing and production managers to discuss the production plans of RT for June, the following resource restrictions for June were identified:
Direct labour hours 7,500 hours
Material A 8,500 kgs
Material B 3,000 litres
Machine hours 7,500 hours
(Refer to previous 2 questions.)
You have now presented your optimum production plan to the purchasing and production managers of RT.
During your presentation it became clear that the predicted resource restrictions were rather optimistic. In fact, the managers agreed that the availability of all of the resources could be as much as 10% lower than their original predictions.
Assuming that RT completes the order with the commercial customer, and using linear programming, show the optimum production plan for RT for June 2010 on the basis that the availability of all resources is 10% lower than originally predicted.

A) The optimal plan is to produce 510 units of Product R and 720 units of product T in addition to the contract.
B) The optimal plan is to produce 560 units of Product R and 670 units of product T in addition to the contract.
C) The optimal plan is to produce 450 units of Product R and 690 units of product T in addition to the contract.
D) The optimal plan is to produce 520 units of Product R and 620 units of product T in addition to the contract.
E) The optimal plan is to produce 500 units of Product R and 550 units of product T in addition to the contract.
F) The optimal plan is to produce 550 units of Product R and 650 units of product T in addition to the contract.

Solutions: