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Business, 28.01.2020 04:31 kittyrainbowsli1

On may 3, 2017, flounder company consigned 80 freezers, costing $540 each, to remmers company. the cost of shipping the freezers amounted to $820 and was paid by flounder company. on december 30, 2017, a report was received from the consignee, indicating that 40 freezers had been sold for $700 each. remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $180, and total installation costs of $350 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 $entry field with incorrect answer now contains modified data (b) compute the profit for the consignor for the units sold. profit on consignment sales $entry field with incorrect answer now contains modified data (c) compute the amount of cash that will be remitted by the consignee. remittance from consignee $entry field with incorrect answer now contains modified data

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On may 3, 2017, flounder company consigned 80 freezers, costing $540 each, to remmers company. the c...
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