Free CIMAPRO19-P01-1-ENG Exam Questions - Easiest Way for Success

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Total 261 Questions | Updated On: Sep 14, 2024

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Question 1

A company is preparing its annual budget and is estimating the number of units of Product W that it will sell in each quarter of year 2. Past experience has shown that the trend for sales of the product is represented by the following relationship:

Calculate the expected unit sales of Product W for each quarter of year 2, after adjusting for seasonal variations using the multiplicative model.

A : The sales forecast for year 2 Quarter 4 = 35,100 units

B : The sales forecast for year 2 Quarter 4 = 25,100 units

C : The sales forecast for year 2 Quarter 4 = 22,600 units

D : The sales forecast for year 2 Quarter 4 = 38,100 units

Answer: A

Question 2

THS produces two products from different combinations of the same resources. Details of the products are shown below:

Identify, using graphical linear programming, the optimal production plan for products E and R to maximize THS's profit in the month.

A : The solution (from the graph0 is to produce 675 units of E and 470 units of R.

B : The solution (from the graph0 is to produce 495 units of E and 670 units of R.

C : The solution (from the graph0 is to produce 475 units of E and 770 units of R.

D : The solution (from the graph0 is to produce 375 units of E and 750 units of R.

E : The solution (from the graph0 is to produce 375 units of E and 870 units of R.

F : The solution (from the graph0 is to produce 495 units of E and 470 units of R.

Answer: D

Question 3

Christian the management accountant at a car manufacturer has been given a list of costs that have been incurred due to accidents and errors either occurring or being prevented.
Which of the following are examples of non-conformance costs? Select ALL that apply.

A : Cost of scrap

B : Loss of goodwill

C : Cost of repairs to products

D : Inspection costs

E : Cost of repairs to equipment

Answer: A,B,C

Question 4

D3 makes 2 types of toilets - the Executive (Ex) and the Classic (CI). Direct labour costs $6 per hr and overheads are absorbed on a machine hour basis. The overhead absorption rate for the period is $28 per machine hour. What is the traditional cost per unit for (Ex) and (CI)?

A : (Ex) 60, (CI) 56

B : (Ex) 58, (CI) 53

C : (Ex) 65, (CI) 49

D : (Ex) 62, (CI) 52

E : (Ex) 63, (CI) 48

Answer: C

Question 5

The standard production cost of making a product is as follows:

What is the fixed production overhead capacity variance?

A : $9,000F

B : $6,000F

C : $3,000F

D : $6,000A

Answer: B

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Total 261 Questions | Updated On: Sep 14, 2024

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