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CIMA Updated P1 Exam Questions and Answers by ivaan

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CIMA P1 Exam Overview :

Exam Name: Management Accounting
Exam Code: P1 Dumps
Vendor: CIMA Certification: CIMA Operational
Questions: 260 Q&A's Shared By: ivaan
Question 28

Find the weighted average contribution per unit using the following information:

Questions 28

Options:

A.

£10

B.

£8

C.

£5.50

D.

£2.50

Discussion
Question 29

200 units each of components F, G and H are required next period.

All three components are made by skilled labour of which only 4,000 hours are available.

An external supplier is able to supply any requirements of the components.

No inventories are held.

Data for the three components are as follows:

Questions 29

In order to minimise cost, how many units of component H should be purchased from the external supplier?

Options:

A.

None

B.

80

C.

120

D.

200

Discussion
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Question 30

A decision tree is being evaluated back to a decision point.

There are two alternatives at this point:

1. To abandon the project and generate a return of $435,000;

2. To continue with the project and generate the following possible returns:

Questions 30

What value should be included at the decision point?

Options:

A.

$435,000

B.

$451,000

C.

$443,000

D.

$720,000

Discussion
Question 31

You are a management accounting working for a car manufacturer. The company is publicly listed and has been around for many years.

The company produces 2 products. Car 1 and Car 2. Car 1 sells for £20,000 and Car 2 for £27,000.

Car 1 can be upgraded post production to the 1ZC model for £5,000 and Car 2 to the 2ZC model for £3,500.

Post production upgrade the 1ZC sells for £25,500 and the 2ZCfor £30,000.

The company sources all of its supplies for the same supplier and has access to a large workforce. As a result there are no bottlenecks or limiting factors to production.

Based on the information above the company should...

Options:

A.

Upgrade both models

B.

Upgrade Car 1 but not Car 2

C.

Upgrade Car 2 but not Car 1

D.

Keep both Cars as base models

Discussion
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