CIMA Exam CIMAPRO19-P01-1 Topic 8 Question 103 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam

Question #: 103
Topic #: 8

TP makes wedding cakes that are sold to specialist retail outlets which decorate the cakes according to the customers' specific requirements. The standard cost per unit of its most popular cake is as follows:

The general market prices at the time of purchase for Ingredient A and Ingredient B were $23 per kg and $20 per kg respectively. TP operates a JIT purchasing system for ingredients and a JIT production system; therefore, there was no inventory during the period.

What was the material yieldvariance?

AThe material yield variance was $98500 A

BThe material yield variance was $175500 A

CThe material yield variance was $155000 A

DThe material yield variance was $175 000 A

EThe material yield variance was $155500 A

Show Suggested Answer

Suggested Answer: D

by Louvenia at Nov 16, 2024, 10:53 PM

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