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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

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