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Question 6.19

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Question 6.19

  • This topic has 6 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • October 25, 2020 at 3:29 pm #593098
    arahnsathananthan
    Participant
    • Topics: 64
    • Replies: 83
    • ☆☆

    Hi John. I hope you’re well. I hope you can help me on the question 6.19. I have used your method and I get the answer 2007.24. The answer in the book is completely different.

    Arahn

    October 25, 2020 at 7:53 pm #593111
    arahnsathananthan
    Participant
    • Topics: 64
    • Replies: 83
    • ☆☆

    HI John. I hope you can help

    October 26, 2020 at 6:53 am #593122
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54737
    • ☆☆☆☆☆

    Why do you say that the answer in the book is completely different?

    The answer has done it the normal way and the answer is 4 cents different from your answer – that is a rounding difference and is irrelevant.

    October 26, 2020 at 12:45 pm #593156
    arahnsathananthan
    Participant
    • Topics: 64
    • Replies: 83
    • ☆☆

    oh okay so is my answer correct ? As it says periodic weighted average cost , I was assuming there was another way to calculate it.

    October 26, 2020 at 1:27 pm #593163
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54737
    • ☆☆☆☆☆

    Yes, it is correct which is what I wrote before!!!

    Nobody cares about 4 cents out of over $2,000 🙂

    October 27, 2020 at 12:00 am #593208
    arahnsathananthan
    Participant
    • Topics: 64
    • Replies: 83
    • ☆☆

    Thanks John. I don’t know what I would do without you and your website.

    October 27, 2020 at 9:03 am #593227
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54737
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 7 posts - 1 through 7 (of 7 total)
  • The topic ‘Question 6.19’ is closed to new replies.

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