Accounting 9706/11 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

1. Waste disposal accounting adjustments using prepayments and accruals to determine the annual charge.

2. Depreciation calculations for non-current assets based on purchase, disposal, and accumulated depreciation.

3. Inventory valuation adjustments affecting net current assets and profit from operations.

4. Prime cost determination for manufacturing companies, incorporating raw materials and direct labor.

5. Profitability and efficiency analysis, including return on capital employed, inventory turnover, and trade receivables collection period.

6. Fixed and variable cost behavior analysis for breakeven and contribution margin calculations, assessing production efficiency and risk.