High class operation system

Decades of painstaking efforts have put us in the leading position of CIMAPRO15-P01-X1-ENG training materials compiling market, and the excellent quality of our CIMAPRO15-P01-X1-ENG guide torrent and high class operation system in our company have won the common recognition from many international customers for us. With the high class operation system, we can assure you that you can start to prepare for the CIMAPRO15-P01-X1-ENG exam with our study materials only 5 to 10 minutes after payment since our advanced operation system will send the CIMAPRO15-P01-X1-ENG exam torrent to your email address automatically as soon as possible after payment.

Sharpen the saw

We believe that the best brands are those that go beyond expectations. They don't just do the job – they go deeper and become the fabric of our lives. Therefore, as the famous brand, even though we have been very successful we have never satisfied with the status quo, and always be willing to constantly update the contents of our CIMAPRO15-P01-X1-ENG exam torrent. Most important of all, as long as we have compiled a new version of the CIMAPRO15-P01-X1-ENG guide torrent, we will send the latest version of our CIMAPRO15-P01-X1-ENG training materials to our customers for free during the whole year after purchasing. We will continue to bring you integrated CIMAPRO15-P01-X1-ENG guide torrent to the demanding of the ever-renewing exam, which will be of great significance for you to keep pace with the times.

Superior after sale service

We have always set great store by superior after sale service, since we all tend to take responsibility for our customers who decide to choose our CIMAPRO15-P01-X1-ENG training materials. We pride ourselves on our industry-leading standards of customer care. Our worldwide after sale staffs will provide the most considerate after-sale service for you in twenty four hours a day, seven days a week, that is to say, no matter you are or whenever it is, as long as you have any question about our CIMAPRO15-P01-X1-ENG exam torrent or about the exam or even about the related certification，you can feel free to contact our after sale service staffs who will always waiting for you on the internet.

If you are preparing for the exam in order to get the related certification, here comes a piece of good news for you. The CIMAPRO15-P01-X1-ENG guide torrent is compiled by our company now has been praised as the secret weapon for candidates who want to pass the CIMAPRO15-P01-X1-ENG exam as well as getting the related certification, so you are so lucky to click into this website where you can get your secret weapon. Our reputation for compiling the best CIMAPRO15-P01-X1-ENG training materials has created a sound base for our future business. We are clearly focused on the international high-end market, thereby committing our resources to the specific product requirements of this key market sector. There are so many advantages of our CIMAPRO15-P01-X1-ENG exam torrent, and now, I would like to introduce some details about our CIMAPRO15-P01-X1-ENG guide torrent for your reference.

DOWNLOAD DEMO

CIMA CIMAPRO15-P01-X1-ENG Exam Syllabus Topics:

CIMA P1 - Management Accounting Question Tutorial Sample Questions:

1. A marketing manager is trying to decide which of four potential selling prices to charge for a new product. The state of the economy is uncertain and may show signs of recession, growth or boom. The manager has prepared a regret matrix showing the regret for each of the possible outcomes depending on the decision made.

If the manager applies the minimax regret criterion to make decisions, which selling price would be chosen?

A) $45
B) $50
C) $55
D) $40

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

3. A company is considering whether to develop an overseas market for its products. The cost of developing the new market is estimated to be $250,000. There is a 70% probability that the development of the new market will succeed and a 30% probability that the development of the new market will fail and no further expenditure will be incurred.
If the market development is successful, the profit from the new market will depend on prevailing exchange rates. There is a 50% chance that exchange rates will be in line with expectations and a profit of $500,000 will be made. There is a 20% chance that exchange rates will be favorable and a profit of $630,000 will be made and a 30% chance that exchange rates will be adverse and a profit of $100,000 will be made.
The profit figures stated are before taking account of the development costs of $250,000.
Use a decision tree to decide whether the company should develop an overseas market for its products.
Select one correct answer.

A) There is a chance to make $506 000 profit.
B) The overseas market should be developed.
C) There is 70% chance that the project will fail.
D) There is 65% chance that the project will fail.
E) The overseas market should not be developed.
F) There may be a loss of $110 000.

4. A healthcare company specializes in hip, knee and shoulder replacement operations, known as surgical procedures. As well as providing these surgical procedures the company offers pre operation and post operation in-patient care, in a fully equipped hospital, for those patients who will be undergoing the surgical procedures.
Surgeons are paid a fixed fee for each surgical procedure they perform and an additional amount for any follow-up consultations. Post procedure follow-up consultations are only undertaken if there are any complications in relation to the surgical procedure. There is no additional fee charged to patients for any follow up consultations. All other staff are paid annual salaries.
The company's existing costing system uses a single overhead rate, based on revenue, to charge the costs of support activities to the procedures. Concern has been raised about the inaccuracy of procedure costs and the company's accountant has initiated a project to implement an activity-based costing (ABC) system.
The project team has collected the following data on each of the procedures.

Calculate the profit per procedure for each of the three procedures, using the current basis for charging the costs of support activities to procedures.
What was the profit for the knee procedure?

A) $1485
B) $1210
C) $1390
D) $1510

5. 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 = $109,118; Distance related costs for next year = $89,699
B) Parcel related cost for next year = $112,308; Distance related costs for next year = $79,590
C) Parcel related cost for next year = $112,118; Distance related costs for next year = $59,699
D) Parcel related cost for next year = $115,306; Distance related costs for next year = $31,590
E) Parcel related cost for next year = $105,306; Distance related costs for next year = $30,590

Solutions: