onelife1

I have been through the EOC and I didnt see any question asking if the remeasurement g/(l) ends up in SG&A or COGS.

My answer is it doesnt go in either - it just sits between Net Income before and after remeasurement

Net income before Remeasurement (from NI)
Remeasurement gain/loss (plug)
Net Income after Remeasurement (from RE) [REend = REbeg + NI - Div ]

As long as you can get to the right answer for gain/loss with the above method, I dont think the format or the tax implication is material

Remeasurement Gain or Loss is a plug figure to Net Income that forces the Beginning Retained Earnings balance plus Net Income less Dividends to equal Ending Retained Earnings.