CIMA CIMAPRO19-P01-1 問題集

質問 1：
A company has identified the trend in its sales figures through the regression equation Y = 65.9 + 3.86X, where Y is the sales revenue in thousands of dollars and X is the month number. The average seasonal variation for October is 87% Calculate the forecast sales revenue for October of Year 6.
Give your answer to the nearest $000.
正解：
292000

質問 2：
Which of the following would cause an adverse fixed overhead volume variance?
A. Actual expenditure was higher than budgeted
B. Actual expenditure was lower than budgeted
C. Actual output was higher than budgeted
D. Actual output was lower than budgeted
正解：D

質問 3：
A company produces three products D, E and F. The statement below shows the selling price and product costs per unit for each product, based on a traditional absorption costing system.

Each of the products is produced using Process A which has a maximum capacity of 2,500 hours per period.
If a throughput accounting approach is used, the ranking of products, in order of priority, for the profit maximizing product mix will be:
A. E, D, F
B. D, F, E
C. D, E, F
D. F, D, E
正解：D

質問 4：
A company manufactures headphones.
70% of production costs are prime costs. Production overhead costs are driven by the number of headphones produced.
Which costing system would be most appropriate for product profitablilty analysis?
A. Absorption costing
B. Marginal costing
C. Relevant costing
D. Activity based costing
正解：A

質問 5：
A manufacturing company has more units of finished goods inventory at the end of a period than at the beginning of the period.
Which of the following statements is true?
A. Profit is higher and opening inventory valuation is lower using absorption costing than if marginal costing is used.
B. Profit is higher and opening inventory valuation is higher using marginal costing than if throughput costing is used.
C. Profit is higher and opening inventory valuation is lower using marginal costing than if throughput costing is used.
D. Profit is lower and opening inventory valuation is higher using marginal costing than if throughput costing is used.
正解：B

質問 6：
Which of the following, regarding costing methods, is true?
A. A company is making short term decisions based on the contribution per unit of its different products.
These decisions are based upon full absorption costing data.
B. A company produces two products which undergo similar processes. The company has very low overhead costs. This company should consider activity based costing rather than traditional absorption costing to ensure that its pricing decisions are more accurate.
C. A company which has introduced technology to reduce labour costs now incurs a greater proportion of non volume-related support activities. Activity based costing would be more appropriate than traditional absorption costing in this environment.
D. In traditional absorption costing, overheads are charged to a product by absorbing them at the cost driver rate for an activity based on their usage of the activity.
正解：C

質問 7：
A company manufactures a range of products. It is deciding whether to make one of its products internally or to buy the product partially completed from an external source and complete the manufacture in-house. The table below gives details of the variable costs of the two alternatives. Fixed production costs will remain the same under both alternative.

What is the sensitivity of the decision to a change in the external purchase price?
Give your answer as a whole percentage.
正解：
10%

質問 8：
A budgetary control report for the latest period is shown below:

Which TWO of the following statements are correct?
A. The sales volume contribution variance is $1,008 adverse.
B. The sales volume contribution variance is $216 favourable.
C. The sales price variance is $756 favourable.
D. The standard variable cost per unit is $4.80.
正解：A,C

質問 9：
Company XPP sells a perishable product that has to be produced each day in anticipation of the following day's sales.
Any product remaining unsold at the end of the day following production is wasted.
The payoff table below shows the daily profit or loss depending on the amounts produced and sold.

A new ordering system is being discussed with customers.
The new system would require customers to order in advance to enable production each day of the following day's sales quantity, thus eliminating waste.
What is the expected increase in average daily profit if the new system is accepted by customers?
Give your answer as a whole number.
正解：
$120 per day