CIMA P1 Question Answer
A company's product has the following standard selling price, variable costs and contribution:
Budgeted sales and production was 20,000 units and actual was 19,500 units.
Due to a market downturn the production and sales budget should have been 10% lower.
What is the operational sales volume contribution variance?
CIMA P1 Summary
- Vendor: CIMA
- Product: P1
- Update on: Jul 29, 2025
- Questions: 260
