Business, 12.08.2019 21:10 Metlife

Webb co. acquired 100% of rand inc. on january 5, 2018. during 2018, webb sold goods to rand for $2,400,000 that cost webb $1,800,000. rand still owned 40% of the goods at the end of the year. cost of goods sold was $10,800,000 for webb and $6,400,000 for rand. what was consolidated cost of goods sold?

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Webb co. acquired 100% of rand inc. on january 5, 2018. during 2018, webb sold goods to rand for $2,...

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