CertsTopics Logo

Power Up Your Study Prep: Black Friday 75% Discount! Use coupon code below to save! - Ends in 0d 00h 00m 00s - Coupon code: big75certs

P1 Exam Dumps : Management Accounting

PDF
P1 pdf
 Real Exam Questions and Answer
 Last Update: Nov 14, 2026
 Question and Answers: 260 With Explanation
 Compatible with all Devices
 Printable Format
 100% Pass Guaranteed
$49.75  $199
 Add to Cart
P1 exam
PDF + Testing Engine
P1 PDF + engine
 Both PDF & Practice Software
 Last Update: Nov 14, 2026
 Question and Answers: 260
 Discount Offer
 Download Free Demo
 24/7 Customer Support
$62.25  $249
 Add to Cart
Get P1 Free Demo
Testing Engine
P1 Engine
 Desktop Based Application
 Last Update: Nov 14, 2026
 Question and Answers: 260
 Create Multiple Test Sets
 Questions Regularly Updated
  90 Days Free Updates
  Windows and Mac Compatible
$56.25  $225
 Add to Cart

CIMA Related Exams

CIMA P3

Risk Management

 View Detail
CIMA BA1

Fundamentals of Business Economics

 View Detail
CIMA BA2

Fundamentals of management accounting

 View Detail
CIMA BA3

Fundamentals of financial accounting

 View Detail
CIMA BA4

Fundamentals of Ethics, Corporate Governance and Business Law

 View Detail
CIMA E2

Project and Relationship Management

 View Detail
CIMA P2

Advanced Management Accounting

 View Detail
CIMA F2

F2 Advanced Financial Reporting

 View Detail
CIMA E3

E3 Strategic Management

 View Detail
CIMA F3

Financial Strategy

 View Detail
Last Week Results
32 Customers Passed CIMA
P1 Exam
Average Score In Real Exam
86.7%
Questions came word for word from this dump
88.6%
CIMA Bundle Exams
CIMA Bundle Exams
 Duration: 3 to 12 Months
 4 Certifications
  15 Exams
 CIMA Updated Exams
 Most authenticate information
 Prepare within Days
 Time-Saving Study Content
 90 to 365 days Free Update
$208*
 View Detail
Free P1 Exam Dumps

Verified By IT Certified Experts

CertsTopics.com Certified Safe Files

Up-To-Date Exam Study Material

99.5% High Success Pass Rate

100% Accurate Answers

Instant Downloads

Exam Questions And Answers PDF

Try Demo Before You Buy

Certification Exams with Helpful Questions And Answers

Management Accounting Questions and Answers

Get Free P1 Questions and Answers
Question 1

A company makes two products, product X with a contribution per unit of $10 and product Y with a contribution per unit of $4.

These products are sold in the mix 3:2 by volume and fixed costs are $38,000 per period.

The breakeven point for product Y, based on the expected sales mix is:

Options:

Buy Now
Question 2

A company produces trays of pre-prepared meals that are sold to restaurants and food retailers. Three varieties of meals are sold: economy, premium and deluxe. 

Discuss the benefits of flexible budgeting for planning and control purposes.

Select all the true statements.

Options:

A.

A fixed budget will provide meaningful control information when actual activity differs from budget and variable costs are significant.

B.

If actual sales revenue is compared to a fixed budget it is possible to tell whether a favourable sales variance is due to an increase in units sold or an increase in sales price.

C.

If sales volumes were well above budget, adverse variable cost variances will probably be reported, against the fixed budget, since more variable costs have to be incurred to support the higher level of activity.

D.

Reporting against a fixed budget tells management nothing about the efficiency of operations.

E.

If a flexible budget is prepared then the budget variances calculated will provide a better indication of performance since actual results will be compared against an appropriate benchmark.

F.

The fixed budget however provides more insight into actual performance.

Question 3

The manager of a recently opened cafe is deciding how many sandwiches to make each day.

The sandwiches are made in the morning before the cafe opens.

If demand exceeds the number of sandwiches made in the morning no extra sandwiches can be made during the day. Any unsold sandwiches are thrown away at the end of each day.

Daily demand is uncertain but is predicted to be 10, 20, 30 or 40 sandwiches.

The following regret matrix has been prepared:

If the minimax regret criterion is used to make the decision, the manager will choose to make:

Options:

Get Free P1 Questions and Answers