Question: . ( 1 2 % ) 1 . ( 7 % ) On May 3 , 2 0 2 6 , Eisler Company

.(12\%)1.(7\%) On May 3,2026, Eisler Company consigned 80 freezers, costing \(\$ 500\) each, to Remmers Company. The cost of shipping the freezers amounted to \(\$ 960\) and was paid by Eisler Company. On December 30,2026, a report was received from the consignee, indicating that 50 freezers had been sold for \(\$ 750\) each. Remittance was made by the consignee for the amount due after deducting a commission of \(6\%\), and advertising of \(\$ 250\) on the freezers sold. Instructions a. Compute the inventory value of the units unsold in the hands of the consignee. (3\%) b. Compute the profit for the consignor for the units sold. (\(2\%\)) c. Compute the amount of cash that will be remitted by the consignee. (\(2\%\))2.(5\%) Cavaliers Dairy began operations on April 1,2025, with the purchase of 100 milking cows for \(\$ 680,000\). The fair value of each cow is \(\$ 6,800\). In addition, Cavaliers paid \(\$ 40,000\) in transaction taxes. The following information relates to the milk harvested by Cavaliers during April 2025. Milk Instructions a. Prepare the journal entries for Cavaliers' biological asset (milking cows) at April 1,2025.(3\%) b. Prepare the journal entry for the milk harvested by Cavaliers during April 2025.(2\%)
. ( 1 2 \ % ) 1 . ( 7 \ % ) On May 3 , 2 0 2 6 ,

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