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  1. R

    accounting difficult question

    lol... i think i saw this today :D
  2. R

    ACCOUNTS

    i think we have to wait till tomorrow
  3. R

    Overhead accounting question

    Hey guys I want to know when does over/under recovery of overheads occur. For example if absorbed OH is greater than actual OH then is that over-recovery or under?
  4. R

    ACCOUNTS

    awesome paper. so many repetitions from past papers :D
  5. R

    mcq costing :/

    You can use that too but to put it into the calculator and get the answer is faster
  6. R

    accounting difficult question

    Q29: Add budgeted fixed prodn costs and budgeted variable costs and divide by no. of budgeted units: (1200000+800000)/10000=200 answer A This is done because for absorption cost the fixed prodn cost is also included Q30: First find OAR: budgeted fixed OH divided by budgeted no. of units...
  7. R

    Mathematics paper 3, modulus inequalities.

    Nope never came across a sum that results in a cubic or quartic when you square. And I did P3 this year and there was a simple modulus question with modulus sign on both sides eliminating the need to substitute and check even.
  8. R

    CIE vs EDEXCEL

    CIE examinations are constructed in a way that they prepare the candidate more towards the degree that they want to follow. Not just plain theory but very practical knowledge
  9. R

    accounting difficult question

    So when the bonus issue is made the share capital increases by $10m and that makes $110m before the rights issue. We have the year end balance which is $130m, so to get the value of the rights issue simply subtract $110m from $130 which is $20m. Same with premium account. However, premium...
  10. R

    ACCOUNTING A LEVEL JUNE 2011 SESSION DISCUSSION AREA

    yea lol. stupid examiners..
  11. R

    Mathematics paper 3, modulus inequalities.

    So you make the inequality into a quadratic equation with one side being zero and solve the quadratic equation using the calculator or the formula? What's another method to that? Are you talking about |x|=2 being evaluated as -2<x<2 ? That method is only good for linear ones. For AL standard the...
  12. R

    accounting difficult question

    @naavo.1234: for Q11 of O/N 2010 12: First find out cost of sales for the month of september which is: cost of sales(for september only) = 6303+8844-7370=7777 then use that to find the gross profit for that month only. since margin is 30%: sales - cost of sales = GP 100% - 70%...
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    mcq costing :/

    draw a rent account: rent a/c --------------------------------------------------------------- balance b/d............50| bank($250x3)........750|P/L ac..................1000 balance c/d...........200| balance b/d on debit side because prepaid expense is an asset. balance c/d on debit side...
  14. R

    mcq costing :/

    same for question 2: 10000X + Y = 6000.....(1) 24000X + Y = 13000....(2) Y is fixed cost. use the calculator equation mode. (if you need help on how to use the calculator to solve simultaneous ask) Y = 1000 answer is A ps. there is also another method called high-low method. if u want to...
  15. R

    mcq costing :/

    q1 use simultaneous equations. Let X be the variable cost per unit. Let Y be the total fixed cost. Total variable cost is found by multiplying number of units into variable cost per unit (X). Therefore the 2 following equations are made: 65X + Y = 15600.....(1) 90X + Y = 19600.....(2) You...
  16. R

    accounting difficult question

    You have to draw a capital account for A: A's cap a/c ---------------------------------------------------------------------------- .................................|balance b/d.....................6000 goodwill................4000|goodwill..........................6000 balance...
  17. R

    accounts

    wait wait wait.. how does that work? :S
  18. R

    can anyone do accounts paper 1 june 2009 Q NO 21???

    The answer is $150000. The issued current share capital of the business is 400000x$0.25=$100000 They issue 200000 shares at $0.60 but only $0.25 is the par value. The rest 0.35 is premium. Therefore the addition made to the share capital account is 200000x$0.25=$50000 Therefore $100000 + $50000...
  19. R

    accounting difficult question

    The answer is $150000. The issued current share capital of the business is 400000x$0.25=$100000 They issue 200000 shares at $0.60 but only $0.25 is the par value. The rest 0.35 is premium. Therefore the addition made to the share capital account is 200000x$0.25=$50000 Therefore $100000 + $50000...
  20. R

    ACCOUNTING A LEVEL JUNE 2011 SESSION DISCUSSION AREA

    How the hell do u get 12800 for this MCQ P1 question?? paper O/N 2009 12 question 17 http://www.xtremepapers.me/CIE/Internat ... _qp_12.pdf
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