Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMAPRO19-P01-1 Exam - Topic 4 Question 62 Discussion

The budgetary control report of XYZ for the latest period is shown below. Variances in brackets are adverse.What is the sales volume profit variance?
A) $18,700 favorable
B) $78,900 adverse
C) $38,200 adverse
D) $37,200 adverse

CIMAPRO19-P01-1 Exam - Topic 4 Question 62 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 62
Topic #: 4
[All CIMAPRO19-P01-1 Questions]

The budgetary control report of XYZ for the latest period is shown below. Variances in brackets are adverse.

What is the sales volume profit variance?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Casie at Dec 06, 2022, 04:17 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRO19-P01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Lashaunda
10 months ago
I’m not sure about that adverse variance, feels a bit high.
upvoted 0 times
...
Nichelle
10 months ago
I thought it was $18,700 favorable at first!
upvoted 0 times
...
Charisse
10 months ago
Wait, how did we get to that figure? Seems off.
upvoted 0 times
...
Daryl
11 months ago
Totally agree, that number makes sense!
upvoted 0 times
...
Tammy
11 months ago
The sales volume profit variance is $37,200 adverse.
upvoted 0 times
...
Chauncey
11 months ago
I’m leaning towards option A being favorable, but I have a nagging feeling that I might be mixing up the terms.
upvoted 0 times
...
Andrew
11 months ago
This question feels similar to one we did in our last mock exam. I think I chose an adverse variance then too, but I can't remember if it was $38,200 or $37,200.
upvoted 0 times
...
Victor
11 months ago
I think the sales volume profit variance is related to the difference between actual and budgeted sales, but I can't recall the exact numbers we used in class.
upvoted 0 times
...
Katheryn
11 months ago
I remember we practiced calculating sales volume profit variance, but I'm not sure if I got the formula right.
upvoted 0 times
...
Phillip
11 months ago
Okay, I've got this. The key reasons to buy out would be things like accommodating changes in volume, maximizing resource utilization, and protecting confidential information. I'm pretty confident I can nail this question.
upvoted 0 times
...
Shawnna
11 months ago
Wait, I'm a little confused. Is it just one of those events that needs to be reported, or all of them? I want to make sure I understand the requirement correctly before selecting an answer. Maybe I should re-read the question and options more closely.
upvoted 0 times
...
Lavera
11 months ago
I'm a little confused by this question. There are a lot of options, and I'm not sure which two would specifically be part of a media plan. I'll have to review my notes and try to eliminate the irrelevant choices.
upvoted 0 times
...
Marta
11 months ago
This looks like a straightforward question about the beadm utility. I'll need to review my notes on its capabilities to determine the correct answer.
upvoted 0 times
...

Save Cancel