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CIMA Exam CIMAPRO19-P01-1 Topic 10 Question 8 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 8
Topic #: 10
[All CIMAPRO19-P01-1 Questions]

A company uses a standard costing system.

The company's sales budget for the latest period includes 1,500 units of a product with a selling price of $400 per unit.

The product has a budgeted contribution to sales ratio of 30%.

Actual sales for the period were 1,630 units at a selling price of $390 per unit.

The actual contribution to sales ratio was 28%.

The sales volume contribution variance for the product for the latest period is:

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Suggested Answer: A

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