Questions in this paper
Our own one-line description of what each question tests. "Paper" jumps to the question's page in the official PDF; "Comments" to the examiners' notes on it.
| Q | Area | What it tests | Marks | Pass rate | Official | Walkthrough |
|---|---|---|---|---|---|---|
| Part I (MCQs) | MCQs | Fifteen 2-mark MCQs: an inter-process profit case, a machine hour rate case, and standalone items on re-order quantity, worker earnings, job costing, bus operating cost and break-even from two years' results. | 30 | – | Paper Answer | Not yet |
| Q1 | Unit, batch and job costing, Standard costing and variances, Cost accounting systems and reconciliation | Batch cost per unit for a special order, material variances, and reconciliation of a cost-accounts loss with financial accounts. | 14 | – | Paper Answer | Not yet |
| Q2 | Cost sheet, Marginal costing and CVP | Cost sheet for a textile product, and profit at changed capacity levels using contribution analysis. | 14 | – | Paper Answer | Not yet |
| Q3 | Joint products and by-products, Standard costing and variances | Joint products with further processing across two departments, and fixed overhead variances. | 14 | – | Paper Answer | Not yet |
| Q4 | Budgets and budgetary control, Employee cost and incentives | Sales budget by product and channel with budgeted vs actual comparison, and labour turnover under three methods. | 14 | – | Paper Answer | Not yet |
| Q5 | Activity-based costing, Marginal costing and CVP | Product profit under traditional absorption versus activity-based costing, and profit, P/V ratio, break-even and fixed cost from margin-of-safety data. | 14 | – | Paper Answer | Q5 walkthrough |
| Q6 | Material cost and inventory control, Introduction to cost and management accounting, Employee cost and incentives | Theory: the demand-pull (JIT) inventory system, cost control versus cost reduction, and either biometric attendance systems or spoiled and defective work. | 14 | – | Paper Answer | Not yet |
Marks by area
All 114 marks set, by area (includes optional questions). MCQ items count towards their own area.
Marginal costing and CVP13 marks
Employee cost and incentives11 marks
Standard costing and variances11 marks
Process and operation costing10 marks
Overheads and cost allocation10 marks
Activity-based costing10 marks
Unit, batch and job costing7 marks
Cost sheet7 marks
Service costing2 marks
What the examiners said
Examiners' comments for this sitting were not available to us, so this analysis is unavailable.