: The specific assessment series, referencing the Thursday 15 June 2017 Afternoon slot.
Calculate: (a) Gross profit margin (b) Inventory turnover period (days)
Identification of factors for setting standard material prices and usage. : ib g jun17 accn4 mark scheme
The AQA A-level Accounting Unit 4 (ACCN4) June 2017 exam (IB/G/M/Jun17/E11) covers advanced management accounting topics, including marginal costing and capital investment appraisal. The 90-mark, 2-hour paper utilizes an "own figure" rule for marking, emphasizing method application. Access the full document via PapaCambridge Slideshare
Basic application with some chains of reasoning, though they may be incomplete. Level 3 (7–9 marks): : The specific assessment series, referencing the Thursday
The ACCN4 mark scheme is built upon a set of core principles designed to fairly evaluate students' performance. These include:
Questions on standard costing, variance analysis, and capital investment appraisal. Key Components of the June 2017 Mark Scheme The 90-mark, 2-hour paper utilizes an "own figure"
Budgeting and Variance Analysis: A significant portion of the paper dealt with standard costing. The mark scheme provides a step-by-step breakdown of how to calculate material and labor variances, rewarding students who could not only find the numerical difference but also explain the underlying causes of those variances. Breakdown of the Marking Criteria
For every question you lost marks on, ask why :
Use the mark scheme to grade your work, but be harsh. If the scheme requires a specific unit (like "£" or "units") and you missed it, deduct the mark.
