Accounting 9706/33 May June 2012 | Cambridge AS Level Past Papers With Mark Scheme

1. Profit distribution on partnership dissolution, including trading profit adjustments and legal cost deductions.

2. Net profit calculations from changes in partnership current accounts, factoring in drawings and closing balances.

3. Financial implications of share redemption and premium adjustments, including their impact on retained earnings.

4. Breakeven analysis for small manufacturing operations, calculating break-even points based on fixed and variable costs.

5. Costing strategies to maximize profit from limited materials, prioritizing products with higher contribution per kilo.

6. Budget variance analysis for production and sales, assessing actual versus budgeted profits, costs, and sales volume variances.