Ib G Jun17 Accn2 Mark Scheme

Selling price £20 per unit, variable cost £12 per unit, fixed costs £40,000. (a) Calculate break-even point; (b) Profit for 8,000 units; (c) Margin of safety at 10,000 units; (d) New break-even if fixed costs rise to £45,000; (e) Evaluate whether to accept a special order at £15 per unit for 5,000 units.

The mark scheme uses marking bands to assess student responses. The marking bands are as follows: Ib G Jun17 Accn2 Mark Scheme

: Calculating changes in provisions (e.g., a decrease from £800 to £720/£738) and their impact on capital and profit figures. Selling price £20 per unit, variable cost £12

Do not just read the mark scheme.

If you calculate a wrong total for "Gross Profit" but use that wrong figure correctly to calculate "Net Profit," the mark scheme allows you to earn the marks for the Net Profit calculation. 2. Quality of Written Communication (QWC) The marking bands are as follows: : Calculating

Question Example: "Evaluate the effectiveness of aid in reducing the development gap."