| Exam Name: | Advanced Management Accounting | ||
| Exam Code: | P2 Dumps | ||
| Vendor: | CIMA | Certification: | CIMA Management |
| Questions: | 202 Q&A's | Shared By: | fallon |
LL produces an item, the Z, for which the demand curve is estimated to be:
P = 10 - 0.0001Q
where, P is the unit price in $ and Q is the annual sales volume in units;
Marginal revenue (MR) = 10 - 0.0002Q
The variable cost of producing the Z is $2 per unit. The annual fixed costs of production are $110,000.
What is the profit maximizing output level?
A risk averse decision maker will:
Which of the following are TRUE about the theory of constraints? Select ALL that apply.
A cost centre manager's performance is monitored based on a comparison of actual and budgeted cost. A summary performance report for the latest period is shown below.
The actual costs include:
*$28,000 for allocated head office costs.
*$18,000 payment for a rental agreement entered into by the cost centre manager two years ago.
*$34,000 for depreciation.
What is the cost centre manager's controllable actual cost for the period?
Give your answer to the nearest $000.
TESTED 23 Feb 2025
