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On May 31, 2020, Sandhill Company consigned 90 freezers, costing $700 each, to Monty Company. The cost of shipping the freezers amounted to $600 and
On May 31, 2020, Sandhill Company consigned 90 freezers, costing $700 each, to Monty Company. The cost of shipping the freezers amounted to $600 and was paid by Sandhill Company. On December 30, 2020, a report was received from the consignee, indicating that 45 freezers had been sold for $590 each. Remittance was made by the consignee for the amount due after deducting a commission of 4%, advertising of $290, and total installation costs of $270 on the freezers sold. Your answer is correct. Calculate the inventory value of the units unsold in the hands of the consignee. Inventory value of units unsold $ 31800 e Textbook and Media X Your answer is incorrect. Calculate the profit for the consignor for the units sold. Profit on consignment sales 1062
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