| Exam Name: | Management Accounting | ||
| Exam Code: | P1 Dumps | ||
| Vendor: | CIMA | Certification: | CIMA Operational |
| Questions: | 260 Q&A's | Shared By: | zane |
A company's product has the following standard selling price, variable costs and contribution:
Budgeted sales and production was 20,000 units and actual was 19,500 units.
Due to a market downturn the production and sales budget should have been 10% lower.
What is the operational sales volume contribution variance?
The fixed production overhead volume variance is:
Company M is preparing its budgeted profit statement for the next year.
The initial budget for Product A is as follows with some changes proposed by the sales director to increase the quality of the product.
What would the budgeted profit of Product A be if the proposed changes are made?
Give your answer as a whole number.
Traditional absorption costing is more suitable than activity-based costing when:
TESTED 26 Apr 2025
