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CIMAPRO19-P01-1 Exam - Topic 2 Question 7 Discussion

A company's budget for the next period shows that it would breakeven at sales revenue of $800,000 and fixed costs of $320,000.The sales revenue needed to achieve a profit of $200,000 in the next period would be:
D) $1,300,000
A) $1,950,000
B) $1,780,000
C) $1,400,000
E) $1,390,000

CIMAPRO19-P01-1 Exam - Topic 2 Question 7 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 7
Topic #: 2
[All CIMAPRO19-P01-1 Questions]

A company's budget for the next period shows that it would breakeven at sales revenue of $800,000 and fixed costs of $320,000.

The sales revenue needed to achieve a profit of $200,000 in the next period would be:

Show Suggested Answer Hide Answer
Suggested Answer: D

References:


by Penney at May 08, 2022, 06:44 PM

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Bo
7 months ago
Totally agree, $1.4M sounds right!
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Maybelle
7 months ago
Wait, $1.4M seems low for that profit target.
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Alysa
8 months ago
I think it should be higher than that, maybe $1.78M?
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Veronique
8 months ago
To make $200k profit, you need $1.4M in sales.
upvoted 0 times
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Helene
8 months ago
Breakeven is $800k with fixed costs at $320k.
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Kati
8 months ago
Data control? That doesn't sound like a typical regulatory requirement. I'm going to go with that as the answer.
upvoted 0 times
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Jacqueline
8 months ago
I'm a bit confused by the wording of the question. Does "recovery occurs if any component fails" mean that the host needs to be able to connect to multiple iSCSI targets to maintain availability? I'll need to think this through step-by-step.
upvoted 0 times
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Lenna
8 months ago
Okay, I think I've got this. I'll start by calculating the total cost per unit, which is the variable cost plus the fixed costs divided by the expected units sold. Then I'll add 20% to that to get the selling price.
upvoted 0 times
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Gaston
8 months ago
Okay, let me see... Recording Policies are probably related to call recordings, so I'm guessing the answer is A, Call.
upvoted 0 times
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