Accounting 9706/43 Oct Nov 2015 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of income statement and statement of financial position in compliance with International Accounting Standards, including adjustments for revaluation, depreciation, bad debts, and provisions.

2. Partnership accounts, including appropriation, current accounts, and realisation accounts during conversion to a limited company, addressing dissolution costs and goodwill valuation.

3. Flexed budgeting and variance analysis for a manufacturing company, focusing on contribution and profit calculations.

4. Reconciliation of production cost variances, including material price and usage variances, and labor rate and efficiency variances.

5. Impact of lower quality raw materials on production variances and operational performance.

6. Analysis of fixed and variable overheads in manufacturing, with recommendations on cost control and profitability.