• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

June 15 Q1 b(i)

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › June 15 Q1 b(i)

  • This topic has 1 reply, 1 voice, and was last updated 9 years ago by Tazz.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 29, 2015 at 8:32 pm #286212
    Tazz
    Member
    • Topics: 8
    • Replies: 11
    • ☆

    Hi, I had a q. I’m confused

    For Revenue, at YE 31 Mar 15

    Revenue for Bycomb is 24,200 and Cyclip is 10,800.

    There is a note.. Sales from Bycomb to Cyclip in the post-acquisition period were $3 million at a mark-up on cost of 20%. Cyclip
    had $420,000 of these goods in inventory as at 31 March 2015

    Bycomb has 80% and 9 months pst-acq when consolidating.

    I thought the pup would be: 20/120 x 420,000 = 70,000.

    And then when consolidating it’s 24,200 + 8100 – 70 = 32, 230.

    why is the Pup adjustment missing in the answers? I’m confused

    November 29, 2015 at 8:52 pm #286213
    Tazz
    Member
    • Topics: 8
    • Replies: 11
    • ☆

    Don’t wrry .. i got it.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • John Moffat on The financial management environment – ACCA Financial Management (FM)
  • Lekhanaa on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • wZaidhan on Sources of Finance – Islamic Finance – ACCA Financial Management (FM)
  • manahylilyas on The financial management environment – ACCA Financial Management (FM)
  • poojam on Objective of financial reporting – ACCA Financial Reporting (FR)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in