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Exercise 18-25 On May 3, 2017, Martinez Company consigned 70 freezers, costing $490 each, to Remmers Company. The cost of shipping the freezers amounted to

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Exercise 18-25 On May 3, 2017, Martinez Company consigned 70 freezers, costing $490 each, to Remmers Company. The cost of shipping the freezers amounted to $920 and was paid by Martinez Company. On December 30, 2017, a report was received from the consignee, indicating that 35 freezers had been sold for $780 each. Remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $200, and total installation costs of $310 on the freezers sold (Round answers to 0 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 Open Show Work Click if you would like to Show Work for this

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