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3 On May 31. 2023. Pharoah Company consigned 140 treezers, costing $500 each, to Sunland Company. The cost of shipping the freaers amovinted to $800

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On May 31. 2023. Pharoah Company consigned 140 treezers, costing $500 each, to Sunland Company. The cost of shipping the freaers amovinted to $800 and was paid by Pharoah. On December 30,2023 , a report was recelved from the consignee indicating that 70 freezers had been sold for $1,050 each. Remittance was made by the consignee for the amount due after deducting a commission of 4% advertising of $280, and total installation costs of $390 on the freezers sold. (a) Calculate the inventory value of the units unsold in the hands of the consignee. Inventory value of units unsold eTextbook and Media Attempts: 0 of 5 used

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