CIMAPRO19-P01-1 Exam - Topic 1 Question 107 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam

Question #: 107
Topic #: 1

A company produces a product that requires two materials, Material A and Material B. Details of the material quantities and costs for August are given in the table below.

Budgeted and actual output of the product for August was 12,000 units.

The material yield variance for August is:

A$1,340 A

B$1,590 A

C$1,740 A

D$1,340 F

E$1,840 A

Show Suggested Answer

Suggested Answer: C

References:

by Isreal at Feb 12, 2025, 09:01 AM

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Ligia

3 months ago

I thought it was $1,340 F based on the costs.

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Tayna

3 months ago

Totally agree with Sarah, $1,590 A makes sense!

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Lettie

3 months ago

Wait, how can it be $1,740 A? That seems off.

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Cristal

4 months ago

I think the material yield variance is $1,590 A.

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Denise

4 months ago

The budgeted output was 12,000 units.

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Lura

4 months ago

I’m really uncertain about whether to consider the actual quantities or the budgeted ones for this variance.

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Minna

4 months ago

I feel like the answer might be $1,590 A, but I need to double-check my calculations.

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Mozelle

4 months ago

I think the yield variance is calculated by comparing the actual output to the expected output, but I'm not sure how to apply it here with the costs.

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King

5 months ago

I remember we practiced a similar question on material yield variance, but I can't quite recall the exact formula we used.

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Fairy

5 months ago

This seems straightforward enough. I'll start by calculating the standard and actual material quantities, then find the difference to get the material yield variance. Shouldn't be too hard.

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Shenika

5 months ago

I'm a bit confused by the format of the question. Can someone explain how to approach this type of problem? I want to make sure I understand it before trying to solve it.

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Vallie

5 months ago

I've got this! The key is to use the given information about budgeted and actual output to calculate the material yield variance. I'm confident I can solve this.

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Carey

5 months ago

Hmm, this looks tricky. I'm not sure where to start, but I'll read through the question carefully and try to break it down.

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Tegan

5 months ago

Okay, let's think this through step-by-step. I'll need to calculate the standard and actual material quantities, then find the variance.

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Hailey

1 year ago

I calculated it too, and $1,340 A seems to be the correct answer based on the information provided.

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Whitley

1 year ago

I agree with you. Material A and Material B costs were both favorable, so it makes sense.

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Yuette

1 year ago

Hmm, this is a real Material world we live in, isn't it? I'm going to have to go with C. $1,740 A. Seems like the company is really putting the 'cost' in 'cost accounting' this month.

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