For Consolidation Purposes, What Amount Would Be Debited to Cost

question 120

Multiple Choice

For consolidation purposes, what amount would be debited to cost of goods sold for the 2012 consolidation worksheet with regard to the unrealized gross profit of the 2012 intra-entity transfer of merchandise?

• A) $600.
• B) $750.
• C) $3,760.
• D) $3,000.
• E) $675.