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CIMA Fundamentals of management accounting : BA2

BA2

Exam Code: BA2

Exam Name: Fundamentals of management accounting

Updated: Jul 19, 2026

Q & A: 392 Questions and Answers

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CIMA Fundamentals of management accounting Sample Questions:

1. Refer to the exhibit.

Xell Ltd uses a standard costing system and therefore values all inventory at standard cost. During period 3 the price paid for material 'A' was £6 per kg less than the standard price.
The following information for material 'A' relates to period 3:
What was the material price variance for period 3?

A) £1800 Favourable
B) £1500 Favourable
C) £6 Favourable
D) £60 Favourable


2. Refer to the exhibit.

Which is the correct journal entry required to record a favorable variable overhead expenditure variance in an integrated accounting system?
The correct journal entry required to record a favorable variable overhead expenditure variance in an integrated accounting system is:

A) D
B) B
C) A
D) C


3. In an integrated cost and financial accounting system, the accounting entries for the purchase of raw material on credit would be:

A) Debit: Payables control accountCredit: Work in progress control account
B) Debit: Raw material control accountCredit: Payables control account
C) Debit: Payables control accountCredit: Cost of sales account
D) Debit: Cost of sales accountCredit: Payables control account


4. A company has three production departments X, Y and Z, and one service department.
The service department's overhead has been apportioned to the production departments in the ratio 3:2:5. As a result of this apportionment, $2,070 was given to Department Y.
What is the amount of service department overhead that would have been apportioned to Department Z?
Give your answer to the nearest dollar.


5. Refer to the exhibit.

The output and costs for two periods were as follows:
Fixed costs will remain constant, but during Period 7, the variable cost per unit will increase by 25%. The output for Period 7 will be 1,600 units.
The budgeted total cost for period 7 will be:


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: Only visible for members
Question # 5
Answer: Only visible for members

BA2 Related Exams
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