最新のCIMAPRO15-P01-X1-ENG問題集で試験を準備する

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 yield variance?

• A. The material yield variance was $175 500 A
• B. The material yield variance was $155 500 A
• C. The material yield variance was $98 500 A
• D. The material yield variance was $155 000 A
• E. The material yield variance was $175 000 A

Select the benefits to a company of using sensitivity analysis in investment appraisal.
(Select all the true statements.)

• A. Sensitivity analysis enables identification of fixed costs that are of special significance.
• B. Sensitivity analysis enables risk management strategies to be put in place to focus on those variables of special significance.
• C. Sensitivity analysis enables a company to assess the risk associated with a project.
• D. Sensitivity analysis enables a company to determine the effect of changes to variables on the planned outcome.

A company has to choose between three mutually exclusive projects. Market research has shown that customers could react to the projects in three different ways depending on their preferences. There is a 30% chance that customers will exhibit preferences 1, a 20% chance they will exhibit preferences 2 and a 50% chance they will exhibit preferences 3. The company uses expected value to make this type of decision.
The net present value of each of the possible outcomes is as follows:

A market research company believes it can provide perfect information about the preferences of customers in this market.
What is the maximum amount that should be paid for the information from the market research company?

• A. $125 000
• B. $140 000
• C. $145 000
• D. $135 000

A company produces a product that requires two materials, Material A and Material B. Details of the material quantities and costs for August are given in the table below.

Budgeted and actual output of the product for August was 12,000 units.
The material mix variance for August is:

• A. $ 1, 288 Favourable
• B. $ 1, 540 Adverse
• C. $ 1, 540 Adverse
• D. $ 1, 540 Favourable

A healthcare company specializes in hip, knee and shoulder replacement operations, known as surgical procedures. As well as providing these surgical procedures the company offers pre operation and post operation in-patient care, in a fully equipped hospital, for those patients who will be undergoing the surgical procedures.
Surgeons are paid a fixed fee for each surgical procedure they perform and an additional amount for any follow-up consultations. Post procedure follow-up consultations are only undertaken if there are any complications in relation to the surgical procedure. There is no additional fee charged to patients for any follow up consultations. All other staff are paid annual salaries.
The company's existing costing system uses a single overhead rate, based on revenue, to charge the costs of support activities to the procedures. Concern has been raised about the inaccuracy of procedure costs and the company's accountant has initiated a project to implement an activity-based costing (ABC) system. The project team has collected the following data on each of the procedures.

Calculate the profit per procedure for each of the three procedures using activity-based costing.
What was the profit for the knee procedure, using ABC costing?

• A. $1808
• B. $781
• C. $2466
• D. $2305