CIMA Exam CIMAPRO19-P01-1 Topic 6 Question 93 Discussion

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

Question #: 93
Topic #: 6

[All CIMAPRO19-P01-1 Questions]

Which of the following would lead to a favourable variance?

AThe standard material price was set too low.

BThe standard material usage was set too low.

CActual labour cost was higher than standard.

DLabour hours worked were lower than standard.

Show Suggested Answer

Suggested Answer: A, B, C

References:

by Shawn at Jul 15, 2024, 05:42 AM

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Gary

1 months ago

Whoa, this question is like a game of 'Guess the Opposite'! Let's see, what's the one that's actually favorable? Ah, got it - D) Labour hours worked were lower than standard. High five for the smart ones!

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Hillary

2 days ago

High five for the smart ones!

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Christiane

3 days ago

D) Labour hours worked were lower than standard.

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Malika

13 days ago

C) Actual labour cost was higher than standard.

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Fanny

19 days ago

B) The standard material usage was set too low.

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Wendell

25 days ago

A) The standard material price was set too low.

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Marla

2 months ago

B) The standard material usage was set too low? Hmm, maybe they're trying to trick us here. Is this a trick question or what?

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Jerrod

15 days ago

C) Actual labour cost was higher than standard.

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Gilberto

24 days ago

B) I think it might be a trick question. Let's think about it.

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Aide

1 months ago

A) The standard material price was set too low.

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Chara

2 months ago

C) Actual labour cost was higher than standard? What kind of twisted logic is that? That's the opposite of a favorable variance!

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Brynn

2 months ago

A) The standard material price was set too low? Really? That would lead to a favorable variance? I don't think so, my friend.

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Kristeen

5 days ago

D) Labour hours worked were lower than standard. That could lead to a favorable variance.

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Matthew

13 days ago

C) Actual labour cost was higher than standard. That would lead to an unfavorable variance.

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Shelba

1 months ago

B) The standard material usage was set too low. That could lead to a favorable variance.

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Geraldine

1 months ago

A) The standard material price was set too low? Really? That would lead to a favorable variance? I don't think so, my friend.

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Amie

2 months ago

D) Labour hours worked were lower than standard. Bingo! That's the one that would lead to a favorable variance. The less time it takes to get the job done, the better!

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