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On May 31, 2023, Oriole Company consigned 150 freezers, costing $700 each, to Sheridan Company. The cost of shipping the freezers amounted to $560 and

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On May 31, 2023, Oriole Company consigned 150 freezers, costing $700 each, to Sheridan Company. The cost of shipping the freezers amounted to $560 and was paid by Oriole. On December 30,2023 , a report was received from the consignee, indicating that 75 freezers had been sold for $870 each. Remittance was made by the consignee for the amount due after deducting a commission of 8%, advertising of $440, and total installation costs of $490 on the freezers sold. (a) Calculate the inventory value of the units unsold in the hands of the consignee. Inventory value of units unsold $ Calculate the profit for the consignor for the units sold. Profit on consignment sales eTextbook and Media Attempts: 0 of 5 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above

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