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Our BA2 – Fundamentals of Management Accounting Question Tutorial Preparation Material provides you everything you will need to take a CIMA CIMA Certification CIMAPRO17-BA2-X1-ENG examination. Details are researched and produced by CIMA Certification Experts who are constantly using industry experience to produce precise, and logical.
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CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:
1. FILL BLANK
The records of a manufacturing company show the following relationship between total cost and output.
The budgeted output for Period 3 is 27,000 units. Assume that previous cost behaviour patterns will continue.
What is the total budgeted cost for Period 3?
Give your answer in the nearest whole number.
2. FILL BLANK
The following data are available for a delivery company. The table shows the number of tonnes delivered (x) and the associated distribution cist (y) in recent periods.
Further analysis of this data has determined the following:
∑xy = 36,427 ∑x2 = 1,144
Using least squares regression analysis, calculate the variable cost per tonne delivered. Give your answer to the nearest cent.
3. A company is appraising two projects. Both projects are for five years. Details of the two projects are as follows.
Based on the above information, which of the following statements is correct?
A) A perpetuity could be used to calculate the net present value of the projects.
B) The annuity factor for project A would be lower than the annuity factor for the project B.
C) The annuity factor for project A would double the annuity factor for project B.
D) An annuity could be used to calculate the net present value of the projects.
4. DRAG DROP
A company manufactures three products using the same direct labour which will be in short supply next month.
No inventories are held. Data for the three products are as follows:
The fixed costs are all committed costs and cannot now be altered for the next month.
Place the labels against the correct product to indicate the order of priority for manufacture that will maximise the profit for the next month.
Select and Place:
5. A company is considering investing $57,000 in a machine that will last for five years, after which time it will have no value. The machine will generate additional revenue of $190,000 each year. Annual running costs, including depreciation of $11,400 will amount to $168,400.
Assuming that all cash flows occur evenly, the payback period of the investment in the machine is closest to:
A) 1 year 7 months
B) 2 years 8 months
C) 1 year 9 months
D) 2 years 6 months
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: D | Question # 4 Answer: Only visible for members | Question # 5 Answer: A |
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