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Pony Corporation sells merchandise to its 80%-owned subsidiary, Sue Company, at a 15% markup on selling price and Sue sells to Pony at a 25%
Pony Corporation sells merchandise to its 80%-owned subsidiary, Sue Company, at a 15% markup on selling price and Sue sells to Pony at a 25% markup on cost. Merchandise acquired from affiliate is then...
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
