| Section | Question | Marks | | --- | --- | --- | | A | Ratio Analysis | 20 | | A | Financial Statement Analysis | 20 | | B | CVP Analysis and Budgeting | 30 | | | | 70 |
This is often the most feared question. The mark scheme reveals the examiner's logic.
Two marks are often designated for the neatness and logical layout of numerical calculations and financial statements.
The June 2017 paper, titled "Further Aspects of Management Accounting," is a 2-hour exam with a maximum of 90 marks. The 2017 sitting was notable for its shift in focus from traditional manufacturing scenarios to a model, specifically focusing on a firm called PR Support Limited . Key Topics and Mark Allocation
Question 4 focused on budget preparation for the year ending April 2018, requiring calculations for labor costs, including overtime premiums and fixed overhead splits.
Two marks are often awarded for the clear layout of numerical work and proper labeling. Slideshare 2. Core Topics & Question Breakdown Based on the June 2017 paper: Course Hero Standard Costing & Variances: