CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 63 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 63
Topic #: 1

A company which manufactures and sells one product has fixed costs of $80,000 per period. The selling price per unit of $25 generates a contribution/sales ratio of 40%.

How many units would need to be sold in a period to earn a profit of $10,000?

A9,000

B8,000

C36,000

D32,000

Show Suggested Answer

Suggested Answer: B

by Viva at Jan 23, 2024, 04:46 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA2-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Fairy

2 days ago

I agree. The contribution margin is 40%.

upvoted 0 times

...

Jina

3 days ago

I think we need to calculate the contribution margin first.

upvoted 0 times

...