Economics, Accounting & Business: Post your doubts here!

[rackstagryan]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w10_qp_12.pdf
Q3 its really important and the above mentioned question please
With explanation

here i wrote it down so that u can easily understand hope my handwriting is clear

 

[rackstagryan]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s09_qp_1.pdf
Q30

(2.2*116000)=255200 that is your budgeted OAR * actual hours.
then you minus the above value from your actual total overheads that is 261000

so 261000-255200=5800

since your actual overheads were more than the budgted value there is an underabsorption of 5800

 

[rackstagryan]

O/n/2013-13 MS says C. How?

since Y has a higher GPM it is better at controlling its cost of sales because the lower the cost of sales the higher your GPM would be.
and since X has a comparatively better NPM it is better than Y at controlling its expenses.

hope i helped

 

[rackstagryan]

Someone pls pls pls help me how to slove 22nd question
http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w10_qp_12.pdf

22nd answer is C

higher the participation rate higher the countries labour force. it is one of the factors that affects the labour force of a country

 

[ICCWC2015]

Information about a product is given.
Selling price per unit 110
Direct materials per unit 50
Direct labour per unit 40

Fixed costs total 50,000 and planned production is 2,000 units. Which action is necessary to break even? Decrease cost of:

A. Direct labour by 20%
B. Direct labour by 25 %
C. Direct material by 10%
D. Direct material by 20%

I really don't understand this question..but it seems so simple

 

[Sarah Paul]

here i wrote it down so that u can easily understand hope my handwriting is clear

Thanks by the way my bro explained it to me
Thanks fr ur help too

 

[Sarah Paul]

(2.2*116000)=255200 that is your budgeted OAR * actual hours.
then you minus the above value from your actual total overheads that is 261000

so 261000-255200=5800

since your actual overheads were more than the budgted value there is an underabsorption of 5800

Thanks man
I suck at these type of questions finally i got it

 

[rackstagryan]

Information about a product is given.
Selling price per unit 110
Direct materials per unit 50
Direct labour per unit 40

Fixed costs total 50,000 and planned production is 2,000 units. Which action is necessary to break even? Decrease cost of:

A. Direct labour by 20%
B. Direct labour by 25 %
C. Direct material by 10%
D. Direct material by 20%

I really don't understand this question..but it seems so simple

I think C is the answer bro
planned production is 2000 units but currently the break-even point is 2500 units (50000/20)

for breakeven to be 2000 units the contribution per unit should be $25 because 50000/2000=25

for contribution to be $25 the only method that will work is decreasing the direct materials by 10%


the other method that u could do is. apply all the MCQ options they have given and work it out.

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_w07_qp_1.pdf
Hw is the 30th one D?

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w07_qp_1.pdf
Hw is the 30th one D?

Im sorry that was a mistake !!!

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w12_qp_12.pdf
Q8

 

[:: A^]

Debit balance of bank entered as overdraft in a wrong amount, so you debit bank with the wrong amount plus the right amount. And credit suspense with that value.
Debit side undercast, so you increase the debits, so its a credit in the suspense a/c again.

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w12_qp_12.pdf
Q8

 

[:: A^]

All the best to all the people here May Allah be with us and make it easy! This one month has the potential to decide peoples lives. Jus keep calm and ace it! And pray for me also

 

[David Hussey]

Good luck guys! May Allah make you all pass with flying colours! Please do include me in ur duas as well!

 

[Sarah Paul]

Finally paper 1 done

 

[David Hussey]

hw ws it?

 

[rackstagryan]

Finally paper 1 done

how was the paper y'all?

 

[David Hussey]

did any1 notice that most of the ppl here are lankans
AlphaBeta @::A^ Shara Nafaz rackstagryan *hifive*

 

[AlphaBeta]

http://papers.xtremepapers.com/CIE/.../A_AS_IAS_Booklet.pdf#page=26&zoom=auto,0,696
@CЯeScɘnt thanks for sharing
might be useful > notes about IAS from CIE
https://www.xtremepapers.com/community/members/cЯescɘnt.107642/
https://www.xtremepapers.com/community/members/cЯescɘnt.107642/

 

[Sarah Paul]

did any1 notice that most of the ppl here are lankans
AlphaBeta @::A^ Shara Nafaz rackstagryan *hifive*

LOL Yeah and theres another one too
rackstagryan
Hi5