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XYZ Co. acquired 100% of ABC Inc. on January 5, 2013. During 2013, XYZ sold goods to ABC for $2,400,000 that cost XYZ $900,000. ABC
XYZ Co. acquired 100% of ABC Inc. on January 5, 2013. During 2013, XYZ sold goods to ABC for $2,400,000 that cost XYZ $900,000. ABC still owned 85% of the goods at the end of the year. Cost of goods sold was $10,800,000 for XYZ and $6,400,000 for ABC. What was consolidated cost of goods sold? O a. $14.800,000. S O b. $16.075,000. OC. $15,280,000. O d. None of the given answers. O e. $15.040,000. Fir
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