- This topic has 2 replies, 3 voices, and was last updated 15 years ago by .
Viewing 3 posts - 1 through 3 (of 3 total)
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › ACCA Forums › ACCA MA Management Accounting Forums › Inventory control
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
Hi mxo,
Could you please provide the whole question or otherwise it is impossible to answer your question.
Regards,
Tammi
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
