Economics, Accounting & Business: Post your doubts here!

[wajiman]

No! No! My answer is also coming 12 but according to marks scheme it is coming 10. How is it possible?

mark scheme is wrong mate, our sir had given this question in the mock exams and told us the answer was wrong in mark scheme

 

[Saiyan]

How can the marks scheme be wrong? One wrong answer can even ruin an A for so many candidates. CIE said not to contradict with their marks schemes it is written in the front of all the ms.

 

[redapple20]

Remember the bag of manure remark?

 

[wajiman]

How can the marks scheme be wrong? One wrong answer can even ruin an A for so many candidates. CIE said not to contradict with their marks schemes it is written in the front of all the ms.

mate their are hundred of mcqs which are having wrong answers in the mark scheme

 

[Saiyan]

Remember the bag of manure remark?

Ah yes! Good old Waleed.

 

[wajiman]

Ah yes! Good old Waleed.

when did the Waleed get a white beard

 

[Saiyan]

mate their are hundred of mcqs which are having wrong answers in the mark scheme

Like? This is first wrong answer I discovered. Do not look at question past 2009.

 

[Saiyan]

when did the Waleed get a white beard

He is certainly grown up, isn't he?

 

[reina81]

MJ09 Q12
http://www.xtremepapers.com/papers/... AS Level/Accounting (9706)/9706_s09_qp_3.pdf

 

[redapple20]

when did the Waleed get a white beard

You really shouldnt have slept! So much entertainment here! :/ y dont u scroll back few pages

 

[wajiman]

Like? This is first wrong answer I discovered. Do not look at question past 2009.

mate i looked pastpapers from past 2000-2011

 

[Saiyan]

mate i looked pastpapers from past 2000-2011

Mention I all the errors there. I need them. Remember paper 3

 

[Saiyan]

MJ09 Q12
http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s09_qp_3.pdf

Good to see the curious reina always asking question.

If you had economics you would have understand the question. The answer is B. The reason is marginal cost include all the cost in producing an additional unit. So if marginal cost exceeds the amount paid to supplier it is better to buy it from them.

 

[Saiyan]

get it wajiman or wan me to elaborate?

I also demand an elaboration. But make it short.

 

[reina81]

Good to see the curious reina always asking question.

If you had economics you would have understand the question. The answer is B. The reason is marginal cost include all the cost in producing an additional unit. So if marginal cost exceeds the amount paid to supplier it is better to buy it from them.

I think you answered the wrong question. The doubt is in Q12 an how is Q20 c?

 

[wajiman]

MJ09 Q12
http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s09_qp_3.pdf

this is a second method, it has been solved before using a cross multiplication rule,

add closing stock to Sales they are recorded at selling price and also their original cost is included in the purchases.

550 -450 = 100 GP

calculate gp margin. as the sales are 500; multiply gp margin with it
500,000*18.18181%= $90,909

Mention I all the errors there. I need them. Remember paper 3

mate sorry , i have to go through a huge bunch of papers manually and it will take a lot of time

 

[Saiyan]

wajiman I know it is not possible. Sorry

 

[redapple20]

Arent u sleepy wajiman?

 

[wajiman]

Arent u sleepy wajiman?

pls elaborate it to him

 

[redapple20]

pls elaborate it to him

the link elaborates awlll!

 

[Saiyan]

the link elaborates awlll!

Now you are just making me loose my focus!