Ib+g+jun17+accn4+mark+scheme+upd

IB Group 4 June 2017 Accounting Paper 4 Mark Scheme Update

• Changes in production volume affecting fixed overhead recovery.
• Inefficiencies in labor causing time variances.
• Quality of materials affecting usage.

Identify the most significant figures—which variance had the biggest impact on profit? The Non-Financial Analysis (Qualitative) Staff Morale:

Own Figure (OF) Marks:

Candidates can receive marks for subsequent calculations based on an earlier incorrect figure to ensure they aren't penalized multiple times for a single error. ib+g+jun17+accn4+mark+scheme+upd