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Inventory control

Forums › ACCA Forums › ACCA MA Management Accounting Forums › Inventory control

  • This topic has 2 replies, 3 voices, and was last updated 14 years ago by joseph89.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • April 5, 2011 at 11:28 am #47995
    mxo0227
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    Please tell me why do we write, for the inventory holding after 1% discount received, following (for example)
    2500 * 99% * 2.5 USD, and not 2500 * 2.5 USD

    April 5, 2011 at 11:50 am #80620
    tammi
    Member
    • Topics: 3
    • Replies: 42
    • ☆

    Hi mxo,

    Could you please provide the whole question or otherwise it is impossible to answer your question.

    Regards,
    Tammi

    April 9, 2011 at 2:46 pm #80621
    joseph89
    Member
    • Topics: 17
    • Replies: 59
    • ☆☆

    Because when you receive discount you will buy it less than 2500$.
    2500*1%=25 2500 -25=2475 it is the same as 2500*99%=2475

    Regards
    Joseph

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