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Question 9 Not yet answered Marked out of 2 p Flag question Alpha bought all the ordinary shares in Beta on 1 January 20X3

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Question 9 Not yet answered Marked out of 2 p Flag question Alpha bought all the ordinary shares in Beta on 1 January 20X3. The income statements of the two companies for the year ending 31 December 20x3 included the following Alpha Beta €000 €000 Turnover 4,650 2,865 Cost of sales 3,260 1.980 Alpha's turnover included sales to Beta of €600,000 at a price based on a mark-up of 33%% on cost. Beta's stock at 31 December 20x3 included €120,000 of goods bought from Alpha. Turnover and cost of sales disclosed in Alpha Group's consolidated income statement for the year ending 31 December 20x3 will be: Select one: Turnover Cost of sales
Turnover 4,650 2,865 Cost of sales 3,260 1,980 Alpha's turnover included sales to Beta of €600,000 at a price based on a mark-up of 33% on cost. Beta's stock at 31 December 20x3 included €120,000 of goods bought from Alpha. Turnover and cost of sales disclosed in Alpha Group's consolidated income statement for the year ending 31 December 20x3 will be: Select one: a. Turnover Cost of sales €6,915,000 €4,680,000 © b. Turnover Cost of sales €6,915,000 €4,670,000 O C. Turnover Cost of sales €6,915,000 65,270,000 O d. Turnover Cost of sales €7,515,000 4,640,000