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CIMAPRO19-P01-1 Exam - Topic 10 Question 22 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 22
Topic #: 10
[All CIMAPRO19-P01-1 Questions]

TP makes wedding cakes that are sold to specialist retail outlets which decorate the cakes according to the customers' specific requirements. The standard cost per unit of its most popular cake is as follows:

The general market prices at the time of purchase for Ingredient A and Ingredient B were $23 per kg and $20 per kg respectively. TP operates a JIT purchasing system for ingredients and a JIT production system; therefore, there was no inventory during the period.

What was the material price planning variance for ingredient B?

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Suggested Answer: A

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Daren
4 months ago
I agree with Kristel, $64,000 F makes sense!
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Gene
4 months ago
Wait, how can the variance be $59,000 F? That seems off.
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Georgeanna
4 months ago
$57,000 F sounds right to me!
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Kristel
4 months ago
Nah, I’m pretty sure it’s $64,000 F.
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Rikki
5 months ago
I think the variance for Ingredient B is $54,000 F.
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Camellia
5 months ago
Hmm, I'm a little unsure about this one. Prednisone can cause a lot of different side effects, so I'll need to carefully think through each option.
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Evangelina
5 months ago
This looks like a question about testing types. I think I know the answer, but I'll double-check my notes just to be sure.
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Raina
5 months ago
AWS CloudTrail is used for logging and auditing, so that's not the right answer here. I'm leaning towards AWS CloudWatch or AWS SNS as the most likely options for setting up event notifications on RDS.
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