• Skip to primary navigation
  • Skip to main content
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • CIMA P1 Management Accounting
  • P1 Notes
  • P1 Lectures
  • P1 Flashcards
  • P1 Practice Tests
  • P1 Forums
  • Ask the Tutor

New BPP books are now available for September 2023 ACCA & FIA exams - get your discount code >>

CIMA P1 Chapter 3 Test

VIVA Financial

Reader Interactions

Comments

  1. klaus3869 says

    January 15, 2018 at 9:50 am

    Hi, in question 4, according to the equation, increase total factory cost should lower its ratio right?

    Log in to Reply
    • sharves says

      June 12, 2018 at 6:34 pm

      no, because when total factory cost increases: the conversion cost per hour increases(cost per factory hour);since TA ratio = Contribution (sales less material cost only) per hour/Conversion cost per hour (or cost per factory hour) .The impact would be reducing of TPAR

      Log in to Reply
  2. Cath says

    September 18, 2016 at 12:40 pm

    Hi – yes – Im sorry – you are correct Q2 should be answer d) Alpha, Gamma, Beta.
    Ill get this changed asap.

    Log in to Reply
  3. jhanzebk says

    August 18, 2016 at 9:06 am

    I think the answer given is wrong the correct answer should be alpha gamma and betta

    Log in to Reply
    • jhanzebk says

      August 18, 2016 at 9:15 am

      I mean for question nunumb 2

      Log in to Reply
      • nandinigandhi23 says

        May 31, 2020 at 2:48 pm

        No. The marginal costing profit will be higher as there is a decrease in inventory levels so more fixed overheads r carried forward and matched against sale when they r sold resulting in lower absorption costing profit. Cl Inventory decreases, cost of sale increases and so profit decreases for absorption costing.

Leave a Reply Cancel reply

You must be logged in to post a comment.

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy