Accounting 9706/12 March 2022 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculations for loss on disposal of a non-current asset using reducing balance depreciation and sale price.
2. Determination of the value of inventory in financial statements, considering adjustments for damaged goods, post-year-end transactions, and mark-ups.
3. Calculation of the contribution to sales ratio based on sales revenue, direct costs, variable overheads, and fixed costs.
4. Assessment of changes in capital in partnership accounting after revaluation of net assets, goodwill adjustments, and revised profit-sharing ratios.
5. Identifying limiting factors in production based on availability of direct labor and raw materials.
6. Evaluation of the effect of changes in contribution per unit and fixed costs on the break-even point.