CIMAPRO17-BA2-X1-ENGE3 - Strategic Management Question Tutorial
60 Questions and Answers Experienced specialists selected 60 questions for this exam. All answers are verified to ensure correctness.
Last Updated Apr 23, 2024 Ace your exams with our consistently updated CIMAPRO17-BA2-X1-ENG exam dumps.
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CIMAPRO17-BA2-X1-ENG Online Practice Questions and Answers
Based upon extensive historical evidence, a company's daily sales volume is known to be normally distributed with a mean of 1,728 units and a standard deviation of 273 units. What is the probability that, on any one day, the sales volume will be at least 1,300 units?
A. 5.82%
B. 73.89%
C. 44.18%
D. 94.18%
A company which manufactures and sells one product has fixed costs of $80,000 per period. The selling price per unit of $25 generates a contribution/sales ratio of 40%.
How many units would need to be sold in a period to earn a profit of $10,000?
A. 9,000
B. 8,000
C. 36,000
D. 32,000
A company has two production departments and two service departments (Maintenance and Stores). The overhead costs of each of the departments are as follows.
The following equations represent the reapportionment of each of the service department overheads to the other.
M = 4,700 + 0.1S S = 5,800 + 0.2M
Where M = total Maintenance overhead after reapportionment from Stores S = total Stores overhead after reapportionment from Maintenance 60% of the total Maintenance overhead and 50% of the total Stores overhead are to be apportioned to Production Department 1.
The total production overhead for Production Department 1 after reapportionment of the service departments' overhead costs is closest to:
A. $71,672
B. $75,500
C. $70,720
D. $71,821
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