# Accounting Grade 12 P2 Gauteng June 2025 Addendum (English) > Grade 12 Accounting Paper 2 addendum from the Gauteng June Exam 2025 (English), 12 pages. Read online or get the free PDF download. - Page: https://www.hlayiso.com/library/accounting-p2-english-june-2025-answer-book/29021a78-cb18-4954-a23b-ef1fa45ac0b4 - Updated: 2026-09-27 - Subject: Accounting - Grade: Grade 12 - Language: English - Document type: Addendum - Year: 2025 - Exam period: Gauteng June Exam - Paper: 2 - Curriculum: CAPS - Pages: 12 Breadcrumbs: [Home](https://www.hlayiso.com/) › [Library](https://www.hlayiso.com/library) › [Grade 12](https://www.hlayiso.com/library/grade-12) › [Accounting](https://www.hlayiso.com/library/grade-12/accounting) › [Accounting Grade 12 P2 Gauteng June 2025 Addendum (English)](https://www.hlayiso.com/library/accounting-p2-english-june-2025-answer-book/29021a78-cb18-4954-a23b-ef1fa45ac0b4) ## About this document Accounting · Grade 12 · Gauteng June Exam · 2025 · English. Addendum, 12 pages. Read online or download the PDF. Read it free online on the page above; download the PDF from there. ## Document text Text extracted from the PDF. Layout, diagrams and tables may not survive extraction. ### Page 1 JUNE EXAMINATION GRADE 12 2025 ACCOUNTING (PAPER 2) ANSWER BOOK NAME AND SURNAME: NAME OF SCHOOL: QUESTION TOTAL MARKS MARKS OBTAINED MODERATED MARK 1 56 2 48 3 34 4 12 TOTAL 150 11 pages Please turn over ### Page 2 ACCOUNTING ANSWER BOOK 2 (PAPER 2) GR12 0625 QUESTION 1: COST ACCOUNTING (56 marks; 45 minutes) 1.1 CONCEPTS 1.1.1 1.1.2 1.1.3 3 1.2 EASY DRINK MANUFACTURERS 1.2.1 Calculate the direct material issued for the year ended 30 April 2025. Opening Stock Closing stock Direct material issued 13 1.2.2 Calculate the direct labour cost for the year ended 30 April 2025. WORKINGS ANSWER 8 Please turn over ### Page 3 ACCOUNTING ANSWER BOOK 3 (PAPER 2) GR12 0625 1.2.3 Complete the Factory Overhead Cost Note for the year ended 30 April 2025. 17 1.3 SEGAL MANUFACTURERS 1.3.1 Complete the missing figures marked with an asterisk (*). UNIT UNIT COSTS TOTAL COST COST 2025 2024 Direct materials R250 000 * R12 Direct labour * * R11 Direct costs * R25 R23 Factory overheads R200 000 R8 R10 Administration costs R75 000 R3 R3 Selling and distribution R100 000 R4 R2 4 1.3.2 Calculate the unit cost of production for 2025. WORKINGS ANSWER 2 Please turn over ### Page 4 ACCOUNTING ANSWER BOOK 4 (PAPER 2) GR12 0625 1.3.3 Calculate the break-even point for 2025. WORKINGS ANSWER 5 1.3.4 Comment on the level of production and break-even point of the company in 2025. 4 56 Please turn over ### Page 5 ACCOUNTING ANSWER BOOK 5 (PAPER 2) GR12 0625 QUESTION 2: INVENTORIES (48 marks; 38 minutes) 2.1 2.1.1 2.1.2 2.1.3 3 2.2 MB SPORT SHOP 2.2.1 Calculate the value of the closing stock on 28 February 2025 using the weighted-average method. WORKINGS ANSWER 7 2.2.2 Calculate the cost of sales for the year ended 28 February 2025. WORKINGS ANSWER 3 2.2.3 Calculate the gross profit for the year ended 28 February 2025. WORKINGS ANSWER 3 Please turn over ### Page 6 ACCOUNTING ANSWER BOOK 6 (PAPER 2) GR12 0625 2.2.4 Calculate the percentage mark-up achieved for the year ended 28 February 2025. WORKINGS ANSWER 3 2.2.5 Calculate the closing stock value using the first-in first-out method. WORKINGS ANSWER 6 2.2.6 The owner heard that he could adjust the profit by changing the stock valuation method from the weighted-average method to the first-in first-out method. (i) Explain the difference between the stock valuation methods to the owner. 3 (ii) What advice will you give the owner about changing from one stock valuation method to another? 2 Please turn over ### Page 7 ACCOUNTING ANSWER BOOK 7 (PAPER 2) GR12 0625 2.2.7 Calculate how long (in days) it is expected to take to sell the closing stock of 465 cricket bats. WORKINGS ANSWER 3 2.2.8 (i) Provide a calculation to support Mango Brand’s concern about the control of cricket bats. WORKINGS ANSWER 6 (ii) What entry would you make in the company’s books to record this problem? Explain. Debit: Credit: Explanation: 3 (iii) How can Mango Brand solve this problem? Provide THREE points. 6 48 Please turn over ### Page 8 ACCOUNTING ANSWER BOOK 8 (PAPER 2) GR12 0625 QUESTION 3: MANAGEMENT OF FIXED ASSETS (34 marks; 27 minutes) 3.1 Calculate the TOTAL depreciation on vehicles for the year ended 28 February 2025. 8 3.2 Calculate the rate of depreciation used by Bellairs Ltd to depreciate their equipment. 4 Please turn over ### Page 9 ACCOUNTING ANSWER BOOK 9 (PAPER 2) GR12 0625 3.3 Complete the extract of the Fixed Asset Note for the year ended 28 February 2025 by completing all the relevant amounts indicated by A – H. A B C D E F G H 14 3.4 Calculate the profit or loss on the disposal of vehicle. Give advice on what should be taken into account when deciding to sell an asset. Calculation: Advice: 4 Please turn over ### Page 10 ACCOUNTING ANSWER BOOK 10 (PAPER 2) GR12 0625 3.5 The business must establish internal controls to prevent the misuse of vehicles. You have been approached to help improve internal controls. Give TWO internal controls that can be implemented. 4 34 Please turn over ### Page 11 ACCOUNTING ANSWER BOOK 11 (PAPER 2) GR12 0625 QUESTION 4: PROBLEM-SOLVING (12 marks; 10 minutes) PROBLEMS FOR 2025 ADVICE (with figures) PROBLEM 1 ADVICE 1 Golf T-Shirts PROBLEM 2 ADVICE 2 PROBLEM 1 ADVICE 1 Shirts PROBLEM 2 ADVICE 2 12 TOTAL: 150 END ### Page 12 JUNE EXAMINATION GRADE 12 2025 ACCOUNTING (PAPER 2) ANSWER BOOK ## Related documents - [Accounting P1 (English) June 2025 Possible Answers](https://www.hlayiso.com/library/accounting-p1-english-june-2025-possible-answers/86671777-58f6-4c82-932c-4924bae022c0) — Accounting · Memo · 2025 · Eng - [ACCOUNTING P2 QP GR12 JCT 2025 ENG D watermark](https://www.hlayiso.com/library/accounting-p2-qp-gr12-jct-2025-eng-d-watermark/13425f71-aba6-4328-b084-d9b108884315) — Accounting · QP · 2025 · Eng - [ACCOUNTING P2 GR12 ANSWERBOOK SEPT2020 English](https://www.hlayiso.com/library/accounting-p2-gr12-answerbook-sept2020-english/7c7795c6-891d-43ba-bdd7-60bcccc8c166) — Accounting · Addendum · 2020 · Eng - [ACCOUNTING P1 GR12 QP JCT 2025 ENG D watermark](https://www.hlayiso.com/library/accounting-p1-gr12-qp-jct-2025-eng-d-watermark/84d92eb0-f5bd-4442-bb6d-c55cdc52e25d) — Accounting · QP · 2025 · Eng - [Accounting P1 May-June 2025 MG Eng](https://www.hlayiso.com/library/accounting-p1-may-june-2025-mg-eng/b3a00324-c447-494b-9131-3046982cc2bb) — Accounting · Memo · 2025 · Eng - [NW 12 ACCOUNTING P1 QP ENG JUNE 2025](https://www.hlayiso.com/library/grade-12-accounting-2025-nw-june-exam-question-paper-paper-1-english/71996a3f-565b-45f7-aff5-a473ed76ff71) — Accounting · QP · 2025 · Eng ## More from Grade 12 Accounting - [Accounting](https://www.hlayiso.com/library/accounting/8f42a6a4-9593-4d36-86b1-d890dd1bb1bf) — Guide - [Acc P2 Memo ENg watermark](https://www.hlayiso.com/library/acc-p2-memo-eng-watermark/5c899e95-f3c2-4bf6-b539-ed8b1bcec50d) — Memo · 2025 · Eng - [Accounting Grade 12 NSC MEMO P1 May June 2025 Limpopo](https://www.hlayiso.com/library/accounting-grade-12-nsc-memo-p1-may-june-2025-limpopo/4bc5dfae-35c0-4acd-83c3-4b53266a3680) — Memo · 2025 - [Accounting P2 Nov 2025 MG Afr](https://www.hlayiso.com/library/grade-12-accounting-2025-nsc-november-exam-memorandum-paper-2/4c11fbd4-960d-4f11-8cb5-c00f8f2cb8b5) — Memo · 2025 · Afr - [ACCOUNTING P1 MEMO GR12 JUNE 2024 English](https://www.hlayiso.com/library/accounting-p1-memo-gr12-june-2024-english/ef245808-e780-418c-ba92-6f41e021a333) — Memo · 2024 · Eng - [ACCOUNTING P1 QP GR12 JUNE 2024 English](https://www.hlayiso.com/library/accounting-p1-qp-gr12-june-2024-english/11d1ced2-c8c5-4ce3-97cc-34b06c5cad08) — QP · 2024 · Eng ## Collection - [Grade 12 past papers](https://www.hlayiso.com/grade-12/past-papers) --- Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. 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