CMA (IMA) Practice Test 3

10 free CMA (IMA) practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

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Question 1 of 10

Performance Management

Pellucid Coatings blends two resins. The standard mix is 60% Resin A at $4 per pound and 40% Resin B at $9 per pound. Last month the plant used 5,200 pounds of Resin A and 4,800 pounds of Resin B. The standard input allowed for the actual output was 9,500 pounds. The direct materials mix variance for the month is