On May 3 2020 Marigold Company Consigned 90 Freezers Costing 450 Each To Remmers Company The Cost Of Shipping The 1 (19.6 KiB) Viewed 12 times
On May 3 2020 Marigold Company Consigned 90 Freezers Costing 450 Each To Remmers Company The Cost Of Shipping The 2 (14.49 KiB) Viewed 12 times
On May 3, 2020, Marigold Company consigned 90 freezers, costing $450 each, to Remmers Company. The cost of shipping the freezers amounted to $830 and was paid by Marigold Company. On December 30, 2020, a report was received from the consignee. indicating that 45 freezers had been sold for $820 each. Remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $180, and total installation costs of $320 on the freezers sold. (Round answers to O decimal places, e.g. 5,275) (a) Compute the inventory value of the units unsold in the hands of the consignee. Inventory value (b) Compute the profit for the consignor for the units sold. Profit on consignment sales Lice $ he remitta the consignee
(Round answers to O decimal places, e.g. 5,275) (a) Compute the inventory value of the units unsold in the hands of the consignee Inventory value (b) Compute the profit for the consignor for the units sold. Profit on consignment sales $ (c) Compute the amount of cash that will be remitted by the consignee. Remittance from consignee. S
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