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Free CIMAPRO19-P01-1 Exam Dumps

Here you can find all the free questions related with CIMA P1 Management Accounting (CIMAPRO19-P01-1) exam. You can also find on this page links to recently updated premium files with which you can practice for actual CIMA P1 Management Accounting Exam. These premium versions are provided as CIMAPRO19-P01-1 exam practice tests, both as desktop software and browser based application, you can use whatever suits your style. Feel free to try the P1 Management Accounting Exam premium files for free, Good luck with your CIMA P1 Management Accounting Exam.
Question No: 1

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A company manufactures a single product. The following budgeted data applies to month 6:

What was the budgeted fixed production overhead for month 6?

Question No: 2

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A company makes and sells three products A, B and C. The products are sold in the ratio of A:B:C = 1:1:4.

Monthly fixed costs are \$150,000. Product details are shown below:

What sales value of product C is required to achieve a target profit of \$72,000 next month?

Question No: 3

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MBM is considering introducing a new product and has to decide if the sales price should be \$80, \$90, \$100 or \$120.

There is a 30% chance that demand could be high, a 50% chance that demand will be at a medium level and a 20% chance that demand will be low.

A payoff table below shows the profits based on the sales price and the level of demand.

MBM has decided, using an expected value approach, that the sales price should be set at \$80 as this gives the highest expected profit of \$860,000.

A market research company has since approached MBM offering to provide perfect information on the demand level.

What is the maximum amount that should be paid for the perfect information?

Question No: 4

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A company's budgeted data for the period are shown in the table below.

There is a stepped increase in fixed overheads of \$10,000 when production exceeds 52,000 units.

Actual production for the period was 60,000 units.

What is the flexed budgeted cost for the period?