Please write clearly in block capitals.
Centre number Candidate number
Surname
Forename(s)
Candidate signat ure
A-level
ACCOUNTING
Paper 2 Accounting for Analysis and Decision-making
Thursday 13 June 2019 Morning Time allowed: 3 hours
Materials
For Examiner’s Use
For this paper you must have:
a calculator. Section Mark
A
Instructions
Use black ink or black ball-point pen. B
Fill in the boxes at the top of this page. C
Answer all questions. TOTAL
You must answer the questions in the spaces provided. Do not write
outside the box around each page or on blank pages.
If you need extra space for your answer(s), use the lined pages at the end of
this book. Write the question number against your answer(s).
Do all rough work in this answer book. Cross through any work you
do not want to be marked.
Information
The marks for each question are shown in brackets.
The maximum mark for this paper is 120.
IB/M/Jun19/E10 7127/2
, 2
Do not write
outside the
Section A box
Answer all questions in this section.
Only one answer per question is allowed.
For each answer completely fill in the circle alongside the appropriate answer.
CORRECT METHOD WRONG METHODS
If you want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to
select as shown.
0 1 Which costing technique uses cost pools and cost drivers?
[1 mark]
A Absorption costing
B Activity-based costing
C Marginal costing
D Standard costing
0 2 Which of the following is the correct formula (all expressed in units) to calculate budgeted
units of production?
[1 mark]
A Sales – closing inventory – opening inventory
B Sales – closing inventory + opening inventory
C Sales + closing inventory – opening inventory
D Sales + closing inventory + opening inventory
IB/M/Jun19/7127/2
, 3
Do not write
outside the
0 3 A business paid £12 650 for rent and rates for the year ended 31 May 2019. This included box
rent paid in advance of £3 165. Rates outstanding at 31 May 2019 were £2 530.
How much is the rent and rates expenses to be included in the income statement for the
year ended 31 May 2019?
[1 mark]
A £6 955
B £12 015
C £13 285
D £18 345
0 4 What is represented by X on the break-even chart shown below?
[1 mark]
A Fixed costs
B Margin of safety
C The area of loss
D The area of profit
Turn over for the next question
Turn over ►
IB/M/Jun19/7127/2
, 4
Do not write
outside the
0 5 Which of the following variances may require the calculation of flexed information? box
[1 mark]
A Labour efficiency and material price
B Labour efficiency and material usage
C Labour rate and material price
D Labour rate and material usage
0 6 The balance on the sales ledger account of Mrs Jones is £42 875.
The following information has not yet been included in the sales ledger account of
Mrs Jones:
Dishonoured cheque for non-payment by Mrs Jones: £2 495
Contra in the purchase ledger account of Mrs Jones: £355.
What is the balance on the sales ledger account of Mrs Jones after these adjustments
have been included?
[1 mark]
A £40 025
B £40 735
C £45 015
D £45 725
0 7 As a result of output increasing, an additional warehouse is required.
Which type of cost describes the total cost of warehousing?
[1 mark]
A Fixed cost
B Semi-variable cost
C Stepped cost
D Variable cost
IB/M/Jun19/7127/2
Centre number Candidate number
Surname
Forename(s)
Candidate signat ure
A-level
ACCOUNTING
Paper 2 Accounting for Analysis and Decision-making
Thursday 13 June 2019 Morning Time allowed: 3 hours
Materials
For Examiner’s Use
For this paper you must have:
a calculator. Section Mark
A
Instructions
Use black ink or black ball-point pen. B
Fill in the boxes at the top of this page. C
Answer all questions. TOTAL
You must answer the questions in the spaces provided. Do not write
outside the box around each page or on blank pages.
If you need extra space for your answer(s), use the lined pages at the end of
this book. Write the question number against your answer(s).
Do all rough work in this answer book. Cross through any work you
do not want to be marked.
Information
The marks for each question are shown in brackets.
The maximum mark for this paper is 120.
IB/M/Jun19/E10 7127/2
, 2
Do not write
outside the
Section A box
Answer all questions in this section.
Only one answer per question is allowed.
For each answer completely fill in the circle alongside the appropriate answer.
CORRECT METHOD WRONG METHODS
If you want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to
select as shown.
0 1 Which costing technique uses cost pools and cost drivers?
[1 mark]
A Absorption costing
B Activity-based costing
C Marginal costing
D Standard costing
0 2 Which of the following is the correct formula (all expressed in units) to calculate budgeted
units of production?
[1 mark]
A Sales – closing inventory – opening inventory
B Sales – closing inventory + opening inventory
C Sales + closing inventory – opening inventory
D Sales + closing inventory + opening inventory
IB/M/Jun19/7127/2
, 3
Do not write
outside the
0 3 A business paid £12 650 for rent and rates for the year ended 31 May 2019. This included box
rent paid in advance of £3 165. Rates outstanding at 31 May 2019 were £2 530.
How much is the rent and rates expenses to be included in the income statement for the
year ended 31 May 2019?
[1 mark]
A £6 955
B £12 015
C £13 285
D £18 345
0 4 What is represented by X on the break-even chart shown below?
[1 mark]
A Fixed costs
B Margin of safety
C The area of loss
D The area of profit
Turn over for the next question
Turn over ►
IB/M/Jun19/7127/2
, 4
Do not write
outside the
0 5 Which of the following variances may require the calculation of flexed information? box
[1 mark]
A Labour efficiency and material price
B Labour efficiency and material usage
C Labour rate and material price
D Labour rate and material usage
0 6 The balance on the sales ledger account of Mrs Jones is £42 875.
The following information has not yet been included in the sales ledger account of
Mrs Jones:
Dishonoured cheque for non-payment by Mrs Jones: £2 495
Contra in the purchase ledger account of Mrs Jones: £355.
What is the balance on the sales ledger account of Mrs Jones after these adjustments
have been included?
[1 mark]
A £40 025
B £40 735
C £45 015
D £45 725
0 7 As a result of output increasing, an additional warehouse is required.
Which type of cost describes the total cost of warehousing?
[1 mark]
A Fixed cost
B Semi-variable cost
C Stepped cost
D Variable cost
IB/M/Jun19/7127/2
