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View Policies Current Attempt in Progress On May 3, 2020, Pina Company consigned 60 freezers, costing $500 each, to Remmers Company. The cost of shipping
View Policies Current Attempt in Progress On May 3, 2020, Pina Company consigned 60 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers amounted to $780 and was paid by Pina Company. On December 30, 2020, a report was received from the consignee, indicating that 30 freezers had been sold for $750 each. Remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $210, and total installation costs of $280 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 $ e Textbook and Media Assistance Used
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