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Conversion - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit) +--- Thread: Conversion (/thread-conversion) |
Conversion - selimdi - 07-14-2009 I am facing with a problem [D]. I have three buyers. These three buyers offer me three prices. 1) Levis offers $3 2) Oshkosh offers $4 3) Wranglar offers $2.50 If my production for the upcoming year is about 3000 Pcs and if i want to get total sales revenue as Total sales revenue = {3000 Pcs*($3+$4+$2.50)/3} Will it be correct? My manager says this procedure is wrong[V]. I have to do factoring or conversion? But i did not understand these terms? I will be glad if any one of you can clarify these terms. Thank You In Advance. [D] - faisal_desperado - 07-15-2009 Dear , Please check your mails, Regards, |