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Question related to rounding error

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Question related to rounding error

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by AvatarJohn Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 3, 2024 at 2:26 pm #701853
    Avataranqa
    Participant
    • Topics: 17
    • Replies: 10
    • ☆

    Sir I am solving questions and in its answer in process account
    It’s written
    Normal loss dollar 6000
    Output dollar 233856
    Rounding error dollar 16

    Equals 239872

    Sir what is this rounding error

    March 4, 2024 at 7:45 am #701891
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    I have no idea which question you are referring to.

    I can only assume that the cost per unit did not come to an exact number of $’s.

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