IGCSE/GCSE/O & A Level/IB/University Student Forum

Qualification => GCE AS & A2 Level => Queries => Topic started by: ujjal on October 31, 2010, 07:43:27 am

Title: Acccounting answer
Post by: ujjal on October 31, 2010, 07:43:27 am
Can any body provide me answer of accounting p22 oct 2010
1.purchase
   Net profit
   Bank
   Balance sheet total

2. Subscription
    Net profit
    Income and expenditure balance

3. Bep
    Margin of safety
    Total contribution
    Profit

Title: Re: Acccounting answer
Post by: cs on October 31, 2010, 10:22:00 am
I did that paper too, its 24 hr now so we can discuss, how do you do the last marginal costing?
Title: Re: Acccounting answer
Post by: ujjal on October 31, 2010, 10:58:15 am
Ya marginal costing was little biteasy.

Break even was 720000
profit was 80000
margin of safety %was 40%
for 2nd product there was -contribution


Its my ans, i am not sure abt my ans
what abt u all

Lets compare

what is your ans of 1,2,3
Title: Re: Acccounting answer
Post by: Dean on October 31, 2010, 07:43:15 pm
Ya marginal costing was little biteasy.

Break even was 720000
profit was 80000
margin of safety %was 40%
for 2nd product there was -contribution


Its my ans, i am not sure abt my ans
what abt u all

Lets compare

what is your ans of 1,2,3

The break even you gave is in terms of sales value and the answer in terms of units was 120000 i think.

For the rest of the answer i've got the same.

For the second question i didn't know what to do with the life subscription. There was a bad debt by a member which i think should be included in the subscription A/c.

The first number i think i did ok but i'm not remembering of my answers. One thing that i'm sure of is that i did not balance it  ;D
Title: Re: Acccounting answer
Post by: cs on October 31, 2010, 10:26:08 pm
What are we suppose to do to find the maximum profit?
Title: Re: Acccounting answer
Post by: ujjal on November 01, 2010, 04:54:10 am
Maximum profit means total profit that we could generat by producing all 3 product

 For number 1. Bank was unknown so it is very had to find out iit is write or wrong
my purchase was 138438
 net profit was 4707
 bank was 51932
 balance sheet total was 117917

Title: Re: Acccounting answer
Post by: cs on November 01, 2010, 06:25:30 am
Oh crap, means i am wrong, i used the maximum labour to find the quantity to produce and only manage to produce 2 of them, not the negative contribution one..

one of my balance sheet total is same as yours, ( i didn't manage to balance)
Title: Re: Acccounting answer
Post by: ujjal on November 01, 2010, 08:41:02 am
What was bank for question number 1 and sales purchase. Also balance sheet totl


Hay and what abt question number 2.
What was profit of trading of cafe and income and expenditure.

My it was 8050 and 850..... I think
Title: Re: Acccounting answer
Post by: Qudsiyah on November 01, 2010, 09:08:56 am
What was bank for question number 1 and sales purchase. Also balance sheet totl


Hay and what abt question number 2.
What was profit of trading of cafe and income and expenditure.

My it was 8050 and 850..... I think


OMG!! i got a deficit for my income and expenditure!! :( of 70-- something! ... arghh ...
and i hatedd question 1!! ...
Title: Re: Acccounting answer
Post by: Qudsiyah on November 01, 2010, 09:16:05 am
Ya marginal costing was little biteasy.

Break even was 720000
profit was 80000
margin of safety %was 40%
for 2nd product there was -contribution


Its my ans, i am not sure abt my ans
what abt u all

Lets compare

what is your ans of 1,2,3



my answers were the same as urs .. but BEP was 120000 units!
and you know where they asked, should he continue producing all three products?? what did u write?? i said not the second one because of the negative contribution!
Title: Re: Acccounting answer
Post by: ujjal on November 02, 2010, 01:36:44 am
What was your 2nd number ans

 In negative contribution we should nt produce

and any body other lets compare Ans
Title: Re: Acccounting answer
Post by: Dean on November 02, 2010, 05:02:08 am
What was your 2nd number ans

 In negative contribution we should nt produce

and any body other lets compare Ans


For the number three just have a look at June 2009 Paper 2 Variant Number 2...the third question is similar to the one we've got.
Title: Re: Acccounting answer
Post by: Dean on November 02, 2010, 05:05:46 am
Oh crap, means i am wrong, i used the maximum labour to find the quantity to produce and only manage to produce 2 of them, not the negative contribution one..

one of my balance sheet total is same as yours, ( i didn't manage to balance)

As i said above just have a look at June 2009 paper 2 variant number 2 and you will have an idea of how the question number 3 should have been done.
Title: Re: Acccounting answer
Post by: ujjal on November 02, 2010, 10:34:25 am
Any body provide me 2nd number questions answer
Title: Re: Acccounting answer
Post by: ujjal on November 06, 2010, 04:41:24 am
What abt mcq

what is mcq 1.no ans

i go for C -250 more
Title: Re: Acccounting answer
Post by: aaakhtar19 on October 30, 2011, 10:39:35 am
Hey
is there anyone 1 who cud help me with my past papers problem in Accounting P4?????????/

Title: Re: Acccounting answer
Post by: Dasith on October 30, 2011, 04:53:28 pm
so wats da problem ?
Title: Re: Acccounting answer
Post by: aaakhtar19 on November 01, 2011, 07:25:09 pm
i need help
in May June 2011 qp43

Question 1
Trade and other receivables ??