CIMA Exam CIMAPRO19-P01-1 Topic 4 Question 102 Discussion

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

Question #: 102
Topic #: 4

[All CIMAPRO19-P01-1 Questions]

The budgetary control report of XYZ for the latest period is shown below. Variances in brackets are adverse.

What is the sales volume profit variance?

A$18,700 favorable

B$78,900 adverse

C$38,200 adverse

D$37,200 adverse

Show Suggested Answer

Suggested Answer: D

by Lynette at Oct 24, 2024, 07:30 PM

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Katie

30 days ago

I heard the accountants at XYZ are so good, they can make a profit variance disappear faster than a magic trick! Now, where's my calculator?

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Long

6 days ago

I'm not sure, but they better start working on a plan to address it.

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Walton

11 days ago

Do you think XYZ will be able to recover from such a large adverse variance?

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Helga

14 days ago

I know, it's crazy how much it can impact the overall budget.

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Ammie

19 days ago

Wow, that sales volume profit variance is huge!

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Noah

1 months ago

Okay, let me see here... The sales volume profit variance is $37,200 adverse. Wow, I really need to brush up on my budgetary control report reading skills!

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Gwen

22 hours ago

User 2: Yeah, it takes practice to get the hang of it.

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Lashon

11 days ago

User 1: Don't worry, budget reports can be tricky to understand sometimes.

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Leota

2 months ago

Aha! The sales volume profit variance is $78,900 adverse. That's the one in the brackets, right? I'm pretty confident about this one.

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Cherry

10 days ago

You nailed it! The sales volume profit variance is $78,900 adverse.

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Kathrine

17 days ago

That's right, it's the one in brackets. Good job on identifying it!

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King

1 months ago

Yes, you are correct. The sales volume profit variance is indeed $78,900 adverse.

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Henriette

2 months ago

Wait, is this a trick question? I thought the sales volume profit variance was supposed to be favorable, not adverse. Hmm, I better double-check my work.

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Ona

15 days ago

Merissa: Let's review the calculations again to be sure.

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Fernanda

19 days ago

User 3: I'm pretty sure it's D) $37,200 adverse.

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Merissa

1 months ago

User 2: No, I believe it's C) $38,200 adverse.

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Marcelle

2 months ago

User 1: I think the answer is B) $78,900 adverse.

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Judy

2 months ago

The sales volume profit variance is clearly $38,200 adverse, as shown in the report. Choice C is the correct answer.

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Melissia

1 months ago

That's correct, it's clearly shown in the report.

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Lakeesha

2 months ago

I agree, the sales volume profit variance is $38,200 adverse.

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But the sales volume profit variance is calculated by multiplying the actual sales volume by the difference between the actual profit per unit and the budgeted profit per unit. So, I still think it's B.

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Tegan

2 months ago

I disagree, I believe the correct answer is C) $38,200 adverse.

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Darnell

2 months ago

I think the answer is B) $78,900 adverse.

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