Accounting 9706/22 Oct Nov 2012 | Cambridge AS Level Past Papers With Mark Scheme

1. Cash flow analysis for incomplete records, including calculations of capital, income, and return on capital employed.

2. Partnership accounting with profit-sharing ratios, interest on drawings, and adjustments for new partners, including goodwill and capital accounts.

3. Error correction through journal entries and suspense accounts, addressing overcast revenues, misposted discounts, and unrecorded payments.

4. Cost analysis for multi-product manufacturing; calculating direct labor hours, contribution margins, and profitability per product.

5. Evaluating profitability changes with production adjustments; calculating fixed cost absorption and impact on net profits from revised sales forecasts.

6. Strategic decision-making for product discontinuation based on cost structures, contribution margins, and forecasted profitability under altered production scenarios.