Fixed overheads, salary calculations (including overtime), and allocation of overheads. Marginal Costing: Calculating marginal costs and selling prices. Variances:
Two marks are generally allocated for the quality of presentation in numerical answers. Advice Questions: ib g jun17 accn4 mark scheme
Payback Period, Net Present Value (NPV), and advising directors based on financial factors. Budgeting: salary calculations (including overtime)
All workings must be shown and clearly labeled; method marks can be lost if only the final answer is provided. "OF" (Own Figure) Rule: Net Present Value (NPV)
Preparing budgets for different departments (e.g., Payroll, Market Research, Financial Services). Cost Accounting:
Marks are awarded for clear, coherent prose answers using technical terminology. Quality of Presentation (QoP):