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IMA CMA-Financial-Planning-Performance-and-Analytics Dumps Questions Answers

Exam Code:
CMA-Financial-Planning-Performance-and-Analytics
Last Update: Feb 23, 2024
112 Questions
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CMA Part 1: Financial Planning - Performance and Analytics Exam Questions and Answers

Questions 1

Stone Ltd manufactures socket wrenches .The company produced 400 000 wrenches and sold 350,000 this year. The following information pertains to the costs accumulated in Stone's inventory.

CMA-Financial-Planning-Performance-and-Analytics Question 1

What is the difference between Stones operating income under absorption costing and variable costings

Options:

A.

$16,750 higher using absorption costing.

B.

$19,750 lowerusing variable costing

C.

$28,000 lower using variable costing

D.

$36.500 higher using absorption costing

Questions 2

GorCo anticipates 10% sales growth each month for the next three months, and plans to sell 120.000 units offinished goods In the first month. The company plans production so that ending inventory is equal to 5% of the next month's budgeted sales On GorCo's production budget for the second month the number of finished goods units to be produced would be

Options:

A.

131,340.

B.

132,000.

C.

132,600.

D.

132,660.

Questions 3

A company incurred the following selected costs In its manufacturing operations during the month.

Options:

A.

$20,000

B.

$21,000

C.

$22,000

D.

$23,000

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