Page 19 - CIMA MCS Workbook August 2018 - Day 1 Tasks

MANAGEMENT ACCOUNTING (P1) - FAMILIARISATION

3 DECISION MAKING
Note: You are unlikely to be asked to do calculations in the exam. However, the following question
will help with familiarisation of the budgetary information.

EXERCISE 3(A) – CVP ANALYSIS

Question Your response

Discuss which costs are fixed
and which variable.

Assuming all costs are fixed,
determine the breakeven
membership in 2018 for an
average gym and the safety
margin.

KAPLAN PUBLISHING 15