6. When the home office ships merchandise to the branch above cost, the cost of goods sold on the branch income statement is: a. Understated by the overvaluation of the inventory. b. Overstated by the overvaluation of the branch inventory acquired from outsiders. c. Overstated by the overvaluation of the branch inventory acquired from home office. d. Overstated the difference between the unadjusted and post-closing balance in the allowance for overvaluation in branch inventory account on the home office books