Accounting 9706/22 Oct Nov 2015 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparing income and expenditure accounts for non-profit entities, incorporating life memberships, depreciation, and accrued subscriptions.
2. Correcting financial statements for errors in inventory valuation, loan interest omissions, and double depreciation charges.
3. Calculating contribution per unit, break-even points, and margin of safety for product performance forecasting.
4. Revising break-even analysis and contribution margins based on changes in selling prices, sales volumes, and cost structures.
5. Constructing break-even charts for visualizing profit and loss areas, and analyzing fixed versus variable cost impacts.
6. Discussing marginal costing applications for make-or-buy decisions, cost control, and pricing strategy optimization.