bbtomato

DLOC = control premium / (1 + control premium)
DLOC = .12 / 1.12 = 10.7%

Total discount = 1- (1 - DLOC)*(1 - DLOM)
= 1 - 0.893*.85
= 24.11%


Also, janakisri, i just bunged it into COGS as there was no other suitable place to put it