Category Archives: CIMA P1

Posted on

A Breakdown of the CIMA P1 Syllabus

CIMA P1 Syllabus Overview CIMA P1 looks at how to implement strategy by constructing budgets and making pricing/volume decisions. You’ll gain an understanding of costs and how to manage short term risks. CIMA P1 also stresses the importance of costs and the drivers of costs in the production, analysis and use of information for decision […]

Share Button
Posted on

CIMA P1: How to Calculate Overhead Cost Using Absorption Rates

P1 – Performance Operations March 2013 Exam Q3a (i) A major company sells a range of electrical, clothing and homeware products through a chain of department stores. The main administration functions are provided from the company’s head office. Each department store has its own warehouse which receives goods that are delivered from a central distribution […]

Share Button