What amount should be used to consolidate Placo’s cost of goods sold into Limko’s income statement under the current rate method?
A. $417,600
B. $437,600
C. $448,000
D. $443,900
Answer:B
What amount should be used to consolidate Placo’s cost of goods sold into Limko’s income statement under the current rate method?
A. $417,600 B. $437,600 C. $448,000 D. $443,900