oled: Exam 2 Seve Help Save & Exit S Check my w Planner Corporation owns 60 percent of Schedule Company's voting shares. During 20X3, Planner produced 31,000 computer desks at a cost of $84 each and sold 16,000 of them to Schedule for $96 each. Schedule sold 10,000 of the desks to unaffiliated companies for $138 each prior to December 31, 20X3, and sold the remainder in early 20x4 for $148 each. Both companies use perpetual Inventory systems. Required: a. What amounts of cost of goods sold did Planner and Schedule record in 20X3? Planner Corporation Schedule Company Cost of Goods Sold $ 1,344,000 b. What amount of cost of goods sold must be reported in the consolidated income statement for 20X3? Note: Do not round intermediate calculations. Cost of goods sold Prey 1 of 3 Next > acer Question 3 Planner Corporation owns 60 percent of Schedule Company's voting shares. During 20x3, Planner produced 25,000 computer desks at a cost of $82. each and sold 10.000 of them to Schedule for $94 each. Schedule sold 7,000 of the desks to unaffiliated companies for $130 each prior to December 31, 20X3, and sold the remainder in early 20X4 for $140 each. Both companies use perpetual inventory systems. Required: 25,000\ 82 10,000 194 7,000 5130 What amounts of cost of goods sold did Planner and Schedule record in 20X32 ted in the consolidated inco