CIMA P1 Question Answer
A company manufactures a single product. The cost card for a unit of this product is as follows:
During month 6, finished goods inventory increased by 350 units.
By how much would the profit differ in month 6 if finished goods inventory was valued at standard marginal cost rather than standard absorption cost?
CIMA P1 Summary
- Vendor: CIMA
- Product: P1
- Update on: Jul 29, 2025
- Questions: 260
