CIMA BA2 : Fundamentals of management accounting

BA2 pass collection

Exam Code: BA2

Exam Name: Fundamentals of management accounting

Updated: Jul 20, 2026

Q & A: 392 Questions and Answers

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CIMA BA2 Exam Syllabus Topics:

SectionObjectives
Topic 1: Cost Accounting Fundamentals- Role and purpose of cost accounting
- Introduction to management accounting
Topic 2: Cost Classification and Behaviour- Fixed, variable, and semi-variable costs
- Cost behaviour patterns and analysis
Topic 3: Costing Methods- Job costing and batch costing
- Overhead allocation and absorption costing
- Process costing basics
Topic 4: Budgeting and Planning- Introduction to budgeting
- Basic forecasting techniques

CIMA Fundamentals of management accounting Sample Questions:

1. Refer to the exhibit

Zeff Ltd has forecast that the relationship between total overheads and machine hours will be as follows:
If the budget is to be based on 4,000 machine hours, the fixed overhead absorption rate will be:
Give your answer to 2 decimal places.


2. Refer to the exhibit.

The standard variable cost per unit of Product W is $26. The budgeted sales of Product W in April was 3,300 units. The company recorded the following variances for the month of April:
During April 3,600 units of Product W were actually sold.
What was the actual sales revenue for Product W in April?

A) $108,000
B) $115,200
C) $111,300
D) $111,900


3. When compiling profit statement using a marginal costing system we must calculate the contribution. Once we have the contribution, we must deduct a specific amount to calculate the profit. Which of these values should we NOT deduct? (Select ALL that apply.)

A) Fixed costs
B) Selling price
C) Cost of goods sold


4. Refer to the exhibit.

The profit/volume graph below has been prepared for a product for which the following data are available for a period:
Selling price - $28 per unit
Variable cost - $23 per unit
Fixed cost - $4 per unit
Forecast sales volume is 1,000 units each period.
The value of P in units is:


5. A fixed budget is:

A) A budget for fixed overheads
B) A budget which shows costs and revenues at different levels of activity
C) A budget prepared on a continuous basis
D) A budget which shows costs and revenues for a single level of activity


Solutions:

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

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