Aqa paper2
Please write clearly in block capitals.
Centre Candidate
number number
Surname
Forename(s)
Candidate re
signatu
A-level
ACCOUNTING
Paper 2 Accounting for analysis and decision-
making
Tuesday 6 June 2023 Morning Time allowed: 3 hours
Materials
For Examiner’s Use
For this paper you must have:
a calculator. Sectio Mark
n
Instructions A
Use black ink or black ball-point pen. B
Fill in the boxes at the top of this page.
C
Answer all questions.
You must answer the questions in the spaces provided. Do TOTAL
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.
Aqa paper2
,Aqa paper2
*jun237127201*
IB/G/Jun23/E13 7127/2
Aqa paper2
, 2
Do not write
outside the
Section A box
Answer all questions in this
section.
Only one answer per question is allowed.
For each question 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 is the source document for a payment by direct debit?
[1 mark]
A Bank statement
B Cash receipt
C Cheque counterfoil
D Purchase invoice
0 2 Which is the formula for markup?
[1 mark]
Cost of
sales
A
× 100
Gross profit
B
Gross
profit Cost
of sales × 100
C
Gross
profit × 100
Revenue
Revenue
× 100
D
Gross profit
*02
IB/G/
* Jun23/7127/2
, 3
Do not write
outside the
0 3 Which is a benefit of marginal costing? box
[1 mark]
A It helps to apportion fixed costs accurately.
B It helps to cover fixed costs fully.
C It helps to maximise profits when resources are scarce.
D It helps to minimise variable costs.
0 4 A business has the following budgeted information:
Direct labour 2 240 hours £15 680
Product M uses direct material at a cost of £11.72 per unit and 30
minutes of labour. Overheads are absorbed on a direct labour hours basis
at a cost of £11.80 per hour.
What is the standard cost of manufacturing one Product M?
[1 mark]
A £15.22
B £21.12
C £27.02
D £30.52
Turn over for the next question
Turn over ►
*03
IB/G/
* Jun23/7127/2
Please write clearly in block capitals.
Centre Candidate
number number
Surname
Forename(s)
Candidate re
signatu
A-level
ACCOUNTING
Paper 2 Accounting for analysis and decision-
making
Tuesday 6 June 2023 Morning Time allowed: 3 hours
Materials
For Examiner’s Use
For this paper you must have:
a calculator. Sectio Mark
n
Instructions A
Use black ink or black ball-point pen. B
Fill in the boxes at the top of this page.
C
Answer all questions.
You must answer the questions in the spaces provided. Do TOTAL
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.
Aqa paper2
,Aqa paper2
*jun237127201*
IB/G/Jun23/E13 7127/2
Aqa paper2
, 2
Do not write
outside the
Section A box
Answer all questions in this
section.
Only one answer per question is allowed.
For each question 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 is the source document for a payment by direct debit?
[1 mark]
A Bank statement
B Cash receipt
C Cheque counterfoil
D Purchase invoice
0 2 Which is the formula for markup?
[1 mark]
Cost of
sales
A
× 100
Gross profit
B
Gross
profit Cost
of sales × 100
C
Gross
profit × 100
Revenue
Revenue
× 100
D
Gross profit
*02
IB/G/
* Jun23/7127/2
, 3
Do not write
outside the
0 3 Which is a benefit of marginal costing? box
[1 mark]
A It helps to apportion fixed costs accurately.
B It helps to cover fixed costs fully.
C It helps to maximise profits when resources are scarce.
D It helps to minimise variable costs.
0 4 A business has the following budgeted information:
Direct labour 2 240 hours £15 680
Product M uses direct material at a cost of £11.72 per unit and 30
minutes of labour. Overheads are absorbed on a direct labour hours basis
at a cost of £11.80 per hour.
What is the standard cost of manufacturing one Product M?
[1 mark]
A £15.22
B £21.12
C £27.02
D £30.52
Turn over for the next question
Turn over ►
*03
IB/G/
* Jun23/7127/2
