CIMAPRO19-P01-1 Exam - Topic 6 Question 93 Discussion

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

Question #: 93
Topic #: 6

[All CIMAPRO19-P01-1 Questions]

Which of the following would lead to a favourable variance?

AThe standard material price was set too low.

BThe standard material usage was set too low.

CActual labour cost was higher than standard.

DLabour hours worked were lower than standard.

Show Suggested Answer

Suggested Answer: A, B, C

References:

by Shawn at Jul 15, 2024, 05:42 AM

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Ronald

3 months ago

Lower labor hours than standard? That's a win for sure!

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Annmarie

3 months ago

I think B could also work, but not as clearly as D.

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Alberta

3 months ago

Wait, how can A be favorable? Seems off to me.

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Ollie

4 months ago

Definitely agree, D is the best option here!

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Maynard

4 months ago

A lower standard material price can lead to a favorable variance.

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Laurel

4 months ago

I’m confused about A and D; I feel like both could be favourable, but I need to double-check my notes on standard pricing.

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Lenora

4 months ago

I practiced a question like this, and I think B might lead to a favourable variance if we use less material than expected.

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Sommer

4 months ago

I remember something about standard costs, but I'm not sure if a lower standard usage means a favourable variance.

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Joanna

5 months ago

I think a favourable variance happens when we spend less than expected, so maybe D is the right choice?

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Tawna

5 months ago

Okay, I've got this. The key is that a favorable variance means the actual cost is lower than the standard. So B, the standard material usage being set too low, would result in a favorable variance.

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Lillian

5 months ago

Hmm, I'm not sure about this one. I'll have to think it through carefully. Maybe I should review the material on favorable and unfavorable variances again.

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Kizzy

5 months ago

I think the answer is B. If the standard material usage was set too low, that would lead to a favorable variance since the actual usage would be lower than the standard.

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I'm a bit confused on this one. I know a favorable variance is when the actual cost is less than the standard, but I'm not sure which of these options would lead to that. I'll have to think it through step-by-step.

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Silva

5 months ago

I'm confident the firewall blocking traffic alert is the least important one here. The other alerts indicate more direct threats to the system.

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Emily

5 months ago

I practiced a similar question last week, and I believe it establishes permanent connections with the WAN Edge routers, but I could be wrong.

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Gary

10 months ago

Whoa, this question is like a game of 'Guess the Opposite'! Let's see, what's the one that's actually favorable? Ah, got it - D) Labour hours worked were lower than standard. High five for the smart ones!

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Hillary

8 months ago

High five for the smart ones!

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Christiane

8 months ago

D) Labour hours worked were lower than standard.

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Malika

9 months ago

C) Actual labour cost was higher than standard.

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Fanny

9 months ago

B) The standard material usage was set too low.

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Wendell

9 months ago

A) The standard material price was set too low.

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Marla

10 months ago

B) The standard material usage was set too low? Hmm, maybe they're trying to trick us here. Is this a trick question or what?

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Jerrod

9 months ago

C) Actual labour cost was higher than standard.

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Gilberto

9 months ago

B) I think it might be a trick question. Let's think about it.

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Aide

9 months ago

A) The standard material price was set too low.

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Chara

10 months ago

C) Actual labour cost was higher than standard? What kind of twisted logic is that? That's the opposite of a favorable variance!

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Brynn

10 months ago

A) The standard material price was set too low? Really? That would lead to a favorable variance? I don't think so, my friend.

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Kristeen

8 months ago

D) Labour hours worked were lower than standard. That could lead to a favorable variance.

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Matthew

9 months ago

C) Actual labour cost was higher than standard. That would lead to an unfavorable variance.

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Shelba

9 months ago

B) The standard material usage was set too low. That could lead to a favorable variance.

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Geraldine

10 months ago

A) The standard material price was set too low? Really? That would lead to a favorable variance? I don't think so, my friend.

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Amie

10 months ago

D) Labour hours worked were lower than standard. Bingo! That's the one that would lead to a favorable variance. The less time it takes to get the job done, the better!

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