A. How much is the commission earned by the consignee? B. How much profit is earned by the consignor from the sale?

Wing Co. consigned eight printing machines to Wind Co. Each machine costs P1.000.000 and has a suggested retail price of t'2.100.000. Wing paid $200,000 in transporting the machines to the consignee's place of business. At the end of the period, Wind remitted P0,41?.500 to Wing representing collections on sales during the period. alter deducting the following: Commission (based on sates net of commission) 20% Finder's fee (based on commission) 5% Delivery. instaliatlon and testing (on each unit sold) $0.000 Materials generated from the testing were sold for r5.ooo and included in the remittance to Wing Co. Wing Co. appropriately reported ending inventory of \"075,000 for the unsold consigned machines