On June 1, Electronics Distribution Ships 100 TVs to TV

question 16

Multiple Choice

On June 1, Electronics Distribution ships 100 TVs to TV World on consignment. The cost of each unit is $600 and the unit selling price is $750. At the end of June, TV World sold 50 units. How much cost of sales should be recorded by Electronics Distribution for the month of June?

• A)$37,500
• B)$30,000
• C)$60,000
• D)$75,000

---

Definitions:

Recognized

Being acknowledged or given formal validation by an authoritative body, peers, or society in general, for one's status, accomplishments, or legitimacy.

Inclusion/Exclusion

The act of involving or not involving individuals or groups in activities, processes, or decision-making.

Participants

Individuals, groups, or entities that take part in a process or activity.

Group Norms

Shared expectations within a group about how its members should behave.