Imam Setia Permana/ 20190070052

Akuntansi Lanjutan 1 Pertemuan 6

TUGAS
Pot Company owns controlling interests in San and Tay Corporations, having acquired an 80
percent interest in San in 2011, and a 90 percent interest in Tay on January 1, 2012. Pot’s
investments in San and Tay were at book value equal to fair value. Inventories of the
affiliated companies at December 31, 2012, and December 31, 2013, were as follows:
December 31, 2012 December 31, 2013

Pot inventories $120,000 $108,000

San inventories 77,500 62,500
Tay inventories 48,000 72,000

Pot sells to San at a 25 percent markup based on cost, and Tay sells to Pot at a 20 percent
markup based on cost. Pot’s beginning and ending inventories for 2013 consisted of 40
percent and 50 percent, respectively, of goods acquired from Tay. All of San’s inventories
consisted of merchandise acquired from Pot.
SOAL
1. Calculate the inventory that should appear in the December 31, 2012, consolidated balance
sheet.
2. Calculate the inventory that should appear in the December 31, 2013, consolidated balance
sheet.
Jawab!!!
1. Inventories appearing in consolidated balance sheet at December 31, 2012
Beginning inventory — Pot ($120,000 - $8,000a) $112,000
Beginning inventory — San ($77,500 - $15,500b) 62,000
Beginning inventory — Tay ($48,000 - 0) 48,000
Inventories December 31 $222,000
Intercompany profit:
a) Pot:
Inventory acquired intercompany ($120,000  40%) $ 48,000
Cost of intercompany inventory ($48,000/1.2) (40,000)
 Unrealized profit in Pot's inventory $ 8,000
b) San:
Inventory acquired intercompany ($77,500  100%) $ 77,500
Cost of intercompany inventory ($77,500/1.25) (62,000)
Unrealized profit in San's inventory $ 15,500
2. Inventories appearing in consolidated balance sheet at December 31, 2013
Ending inventory — Pot ($108,000 - $9,000c) $ 99,000
Ending inventory — San ($62,500 - $12,500d) 50,000
Ending inventory — Tay ($72,000 - 0) 72,000
Inventories December 31 $ 221,000
Intercompany profit:
c) Pot:
Inventory acquired intercompany ($108,000  50%) $ 54,000
Cost of intercompany inventory ($54,000/1.2) (45,000)
Unrealized profit in Pot's inventory $ 9,000
d) San:
Inventory acquired intercompany ($62,500  100%) $ 62,500
Cost of intercompany inventory ($62,500/1.25) (50,000)
Unrealized profit in San's inventory $ 12,500