Accounting 9706/23 May June 2014 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of financial statements for non-profit organizations, including shop trading accounts, income and expenditure accounts, and statements of financial position.

2. Depreciation of non-current assets using methods like straight-line and reducing balance, with rate calculations and differentiation between asset types.

3. Overhead allocation and absorption costing in manufacturing, with apportionment of indirect wages, rent, power, and machine depreciation across production and service departments.

4. Reapportionment of service department costs and calculation of departmental overhead absorption rates using direct labor or machine hours as bases.

5. Identification and calculation of under- or over-absorbed overheads for production departments, analyzing actual versus applied overhead costs.

6. Functional cost classification in manufacturing, distinguishing between direct, indirect, and administrative cost groupings.