CIMAPRO19-P01-1 Exam - Topic 10 Question 113 Discussion

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

Question #: 113
Topic #: 10

JKI is planning a golfing holiday for a group of wealthy lawyers.

The lawyers will fly to the local airport at their own expense. JKI will then pay for transport, accommodation and the use of the golf course (green fees).

JKI's costings are as follows, based on 28 participants:

JKI received 46 applications from potential participants.

What would the profit be if JKI accepted all of these bookings?

Give your answer to the nearest whole number.

A$95800

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Suggested Answer: A

by Alishia at Jul 09, 2025, 03:24 AM

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Angelica

7 months ago

Wait, how can they handle that many? Sounds risky.

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Fletcher

7 months ago

Definitely a profit if they take all 46!

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Sarah

7 months ago

JKI's got 46 applications but only 28 spots!

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Shoshana

8 months ago

Totally agree, that's a solid plan for the lawyers!

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Corrinne

8 months ago

$95,800 profit sounds about right!

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Kristian

8 months ago

I feel like we might have to divide the total costs by the number of participants to find the profit per person, but I'm a bit confused about the numbers.

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Vinnie

8 months ago

I think the profit would be higher with more participants, but I can't recall the exact formula we used.

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Hannah

8 months ago

This question seems similar to the one we did about event planning costs. I think we need to factor in the additional expenses for the extra 18 participants.

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Sharen

9 months ago

I remember we practiced calculating profit margins in class, but I'm not sure how to adjust for the extra participants.

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Dominga

9 months ago

I think I've got it. We'll calculate the total revenue, then subtract the total cost to get the profit. The key is to use the correct number of participants (46) and the given costs per participant.

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Frederic

9 months ago

I'm not sure how to handle the fact that the lawyers will fly to the local airport at their own expense. Does that mean we don't need to include that in the cost calculation?

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Mertie

9 months ago

This looks straightforward. We just need to multiply the revenue and cost per participant by the number of participants and then find the difference.

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Nobuko

9 months ago

I'm a bit confused about the green fees. Do we need to calculate the total green fees for 46 participants or just use the given amount for 28 participants?

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Lizbeth

9 months ago

Okay, let's see. We need to calculate the total revenue and total cost for the 46 participants, and then find the difference to get the profit.

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Jeanice

12 months ago

I don't know, man. Wealthy lawyers on a golf trip? Sounds like a recipe for some serious shenanigans. I hope they have a good insurance policy.

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Merissa

10 months ago

Hopefully they have a good insurance policy in place in case anything goes wrong.

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Jacklyn

10 months ago

I wonder if JKI has thought about the potential risks involved with this trip.

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Clorinda

10 months ago

If JKI accepts all the bookings, the profit would be $95800.

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Celeste

11 months ago

I know, right? Those lawyers are probably going to have a wild time on the golf course.

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Kaycee

12 months ago

Hold up, did they factor in the cost of the green fees? That could eat into the profits if they're not careful. Gotta crunch those numbers, yo.

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Salena

10 months ago

Definitely, it's crucial to have a clear understanding of all costs involved to ensure a successful outcome.

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Alesia

11 months ago

That's good to know. It's important to consider all expenses when calculating profits.

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Freeman

12 months ago

Yes, they did factor in the cost of the green fees. The profit would be $95800 if they accepted all bookings.

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Lorrine

12 months ago

That's a good point. It seems like accepting all bookings would be a profitable decision.

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Garry

12 months ago

Hmm, I'm not sure about that. With 46 applications and only 28 spots, someone's gonna be disappointed. Gotta keep an eye on those logistics.

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Ilda

12 months ago

Based on the costings provided, the profit would be $95800 if all bookings are accepted.

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Janine

1 year ago

Wow, $95,800 profit? That's a pretty sweet deal for JKI. I bet the lawyers are gonna have a swanky time on the green.

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Gwenn

11 months ago

I know right, $95,800 profit is no joke. Those lawyers are in for a treat.

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Annalee

11 months ago

Yeah, JKI must be making bank on this trip.

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Jacinta

1 year ago

But wouldn't that be risky? What if they end up losing money?

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Ilda

1 year ago

I think JKI should accept all 46 bookings.

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