CIMA P1 Question Answer
A completed unit of Product A requires 9 kg of material and 10% of material is wasted in the production process.
Material has a standard cost of $5 per kg.
Product A also requires 4 labour hours at a standard cost of $10 per labour hour and variable overheads at a standard cost of $2 per labour hour
What is the standard variable production cost per unit of Product A?
CIMA P1 Summary
- Vendor: CIMA
- Product: P1
- Update on: Jul 29, 2025
- Questions: 260
