Free Access CIMA.BA2.v2022-02-11.q137 Practice Test (Page 11)

Refer to the exhibit.

In this profit/volume graph, which distance indicates the contribution earned at level of activity L?

A.Distance d

B.Distance a

C.Distance b

D.Distance c

Refer to the exhibit.

Which ONE of the following can be represented by this graph?

A.A semi-variable cost - where the vertical axis is total cost incurred

B.A variable cost - where the vertical axis is cost per unit

C.A fixed cost - where the vertical axis is cost per unit

D.A variable cost - where the vertical axis is total cost incurred

In the context of short term decision making, what is a notional cost?

A.A cost which cannot be measured in financial terms

B.A cost which is already committed and cannot be avoided

C.A cost which reflects the use of resources when no actual cost is incurred

D.A cost which cannot be forecast with any degree of certainty

Over absorption of overhead will always arise when:

A.absorbed overhead is lower than actual overhead incurred

B.actual overhead incurred is lower than budgeted overhead

C.absorbed overhead is higher than budgeted overhead

D.actual overhead incurred is lower than absorbed overhead

A company uses full cost pricing. The unit costs for product Z2 are given below.

What price per unit should be charged in order to achieve a profit margin of 20%? Give your answer to the nearest cent.

Latest Upload: 117Oracle.1Z0-1057-23.v2025-09-10.q47; 150Google.Professional-Cloud-Network-Engineer.v2025-09-09.q179; 131SAP.C-S4EWM-2023.v2025-09-08.q83; 156TheSecOpsGroup.CNSP.v2025-09-08.q20; 207CFAInstitute.ESG-Investing.v2025-09-08.q173; 155PECB.ISO-IEC-27001-Lead-Implementer.v2025-09-06.q132; 145Salesforce.Data-Architect.v2025-09-05.q216; 139Adobe.AD0-E605.v2025-09-05.q50; 182Nutanix.NCP-MCI-6.10.v2025-09-05.q55; 114Oracle.1z0-591.v2025-09-05.q104

Download PDF File