Bearable cost

We have to admit that the P1 - Management Accounting Question Tutorial exam certification is difficult to get, while the exam fees is very expensive. So, some people want to prepare the test just by their own study and with the help of some free resource. They do not want to spend more money on any extra study material. But the exam time is coming, you may not prepare well. Here, I think it is a good choice to pass the exam at the first time with help of the P1 - Management Accounting Question Tutorial actual questions & answer rather than to take the test twice and spend more money, because the money spent on the P1 - Management Accounting Question Tutorial exam dumps must be less than the actual exam fees. Besides, we have the money back guarantee that you will get the full refund if you fail the exam. Actually, you have no risk and no loss. Actually, the price of our CIMA P1 - Management Accounting Question Tutorial exam study guide is very reasonable and affordable which you can bear. In addition, we provide one year free update for you after payment. You don't spend extra money for the latest version. What a good thing.

At last, I want to say that our CIMA Certification P1 - Management Accounting Question Tutorial actual test is the best choice for your 100% success.

CIMA CIMAPRO15-P01-X1-ENG braindumps Instant Download: Our system will send you the CIMAPRO15-P01-X1-ENG braindumps file you purchase in mailbox in a minute after payment. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

Because of the demand for people with the qualified skills about CIMA P1 - Management Accounting Question Tutorial certification and the relatively small supply, P1 - Management Accounting Question Tutorial exam certification becomes the highest-paying certification on the list this year. While, it is a tough certification for passing, so most of IT candidates feel headache and do not know how to do with preparation. In fact, most people are ordinary person and hard workers. The only way for getting more fortune and living a better life is to work hard and grasp every chance as far as possible. Gaining the CIMAPRO15-P01-X1-ENG P1 - Management Accounting Question Tutorial exam certification may be one of their drams, which may make a big difference on their life. As a responsible IT exam provider, our P1 - Management Accounting Question Tutorial exam prep training will solve your problem and bring you illumination.

Customizable experience from P1 - Management Accounting Question Tutorial test engine

Most IT candidates prefer to choose P1 - Management Accounting Question Tutorial test engine rather than the pdf format dumps. After all, the pdf dumps have some limits for the people who want to study with high efficiency. CIMAPRO15-P01-X1-ENG P1 - Management Accounting Question Tutorial test engine is an exam test simulator with customizable criteria. The questions are occurred randomly which can test your strain capacity. Besides, score comparison and improvement check is available by P1 - Management Accounting Question Tutorial test engine, that is to say, you will get score and after each test, then you can do the next study plan according to your weakness and strengths. Moreover, the P1 - Management Accounting Question Tutorial test engine is very intelligent, allowing you to set the probability of occurrence of the wrong questions. Thus, you can do repetition training for the questions which is easy to be made mistakes. While the interface of the test can be set by yourself, so you can change it as you like, thus your test looks like no longer dull but interesting. In addition, the CIMA Certification P1 - Management Accounting Question Tutorial test engine can be installed at every electronic device without any installation limit. You can install it on your phone, doing the simulate test during your spare time, such as on the subway, waiting for the bus, etc. Finally, I want to declare the safety of the P1 - Management Accounting Question Tutorial test engine. P1 - Management Accounting Question Tutorial test engine is tested and verified malware-free software, which you can rely on to download and installation.

CIMA P1 - Management Accounting Question Tutorial Sample Questions:

1. QR uses an activity based budgeting (ABB) system to budget product costs. It manufactures two products, product Q and product R. The budget details for these two products for the forthcoming period are as follows:

The total budgeted cost of setting up the machines is $74,400.
Select TWO potential benefits of using an activity based budgeting system.

A) Activity based budgeting allows the identification of value added and non-value added activity and ensures that any budget cuts are made to non-value added activities.
B) Activity based budgeting is useful for the review of quality systems utilization.
C) Activity based budgeting provides a clear framework for understanding the link between turnover and the level of activity.
D) Activity based budgeting allows the ranking of activities and the determination of how limited resources should be allocated across competing activities.

2. 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.


Calculate, for the original budget, the budgeted fixed overhead costs, the budgeted variable overhead cost per tray and the budgeted total overheads costs.

A) The variable cost per tray = $0.65; The fixed cost = $ 550 000
B) The variable cost per tray = $0.85; The fixed cost = $ 530 000
C) The variable cost per tray = $0.75; The fixed cost = $ 490 000
D) The variable cost per tray = $0.45; The fixed cost = $ 320 000

3. '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) 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.
B) Each decision package is evaluated. Its costs are compared to its benefits and net present values or other measures calculated.
C) 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.
D) Some of these packages will be inclusive and will require operations to select the best solution to the issue involved.
E) In a public sector body, for example, decision packages will relate to very disparate activities.
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) In a public sector body, for example, decision packages will relate profit making activities.
H) 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.
I) Some of these packages will be mutually inclusive and will require management to select the best solution to the issue involved.

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) Reporting against a fixed budget tells management nothing about the efficiency of operations.
C) 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.
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 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.
F) A fixed budget will provide meaningful control information when actual activity differs from budget and variable costs are significant.

5. 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 difference between the profit calculation using marginal costing and the profit calculation using absorption costing?

A) $2870
B) $3010
C) $2750
D) $3610
E) $2950

Solutions: