Question
CR Manufacturing Co consigned to CE Trading Corp. twelve (12) Sony colored TV sets which cost 9,000 each. Freight out was paid by the consignor
CR Manufacturing Co consigned to CE Trading Corp. twelve (12) Sony colored TV sets which cost 9,000 each. Freight out was paid by the consignor in the amount of 600. CE Trading sold eight (8) sets, rendered an account sales, and remitted the amount of 82,600 after deducting the following trom the selling price of the sets sold:
Commission on selling price 12%
Selling expenses 1,200
Cost of antennae given free 1,400
Delivery and installation 2,800
29. The total selling price of the eight (8) sets sold by CE Trading Corp. is?
30. The net profit of CR Manufacturing Co. on the eight (8) sets sold by CE Trading Corp. is ?
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