CIMAPRO19-P01-1 Exam - Topic 1 Question 54 Discussion

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

Question #: 54
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 Lai at Jun 25, 2022, 10:41 AM

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Chauncey

4 months ago

Totally agree with you, Fidelia!

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Annmarie

4 months ago

Wait, how can the variance be favorable and still be $1,340?

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Francine

4 months ago

Definitely $1,740 A, no doubt about it!

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Fidelia

4 months ago

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

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Alton

4 months ago

The budgeted output was 12,000 units.

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Kathryn

5 months ago

I’m a bit confused about whether to consider both materials together or separately for the yield variance. I hope I remember the right approach!

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Hector

5 months ago

This question seems similar to one we did in class about material costs. I feel like the answer might be $1,590 A, but I need to double-check my calculations.

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Glen

5 months ago

I think the yield variance is based on the difference between actual and expected output, but I can't recall the exact formula we used.

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Elliot

5 months ago

I remember we practiced calculating material yield variances, but I'm not entirely sure how to apply it to this specific question.

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Novella

5 months ago

I feel pretty confident about this one. The GDPR is clear that any cookie that can identify an individual requires their explicit consent. So A is the right answer here.

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Lenora

5 months ago

This seems like a tricky one. I'll need to carefully weigh the options and consider the impact on the team and the customers.

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