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Consolidated Financial statement Pepsi company acquired 25% of Mami Inc. ordinary share, during 2030 Pepsi Company produced 200,000 balls at a cost of $79 each

Consolidated Financial statement

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Pepsi company acquired 25% of Mami Inc. ordinary share, during 2030 Pepsi Company produced 200,000 balls at a cost of $79 each and sold 140,000 ball to Marni Inc for $90 each. Marni sold 72,000 balls to unrelated parties for $117 each prior to December 31, 2030 and sold the remaining in early 2031 and for $130 each. Both entities use perpetual inventory system. What amount of cost of goods sold should be reported in the consolidated income statement in 2030? a) 11,060,000 0) 6,480,000 c] 5,688,000 d) 11,852,00 What amount of cost of goods sold should Marni Inc. record in 2030? 3) 11,352,000 0) 3,430,000 c] 5,633,000 0) 11,060,000 What amount of cost of goods sold should Pepsi Company record in 2030? a) 11,352,000 0) 11,060,000 c] 6,480,000 0) 5,688,000

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