Question 6.19

This topic has 6 replies, 2 voices, and was last updated 5 years ago by John Moffat.

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October 25, 2020 at 3:29 pm #593098
arahnsathananthan
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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
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HI John. I hope you can help
October 26, 2020 at 6:53 am #593122
John Moffat
Keymaster
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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
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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
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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
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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
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You are welcome 🙂
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