Question: On August 1 5 , 2 0 2 2 , Didgeridoo consigned 5 0 0 electronic play systems, costing $ 1 0 0 each, to
On August Didgeridoo consigned electronic play systems, costing $ each, to Toys RU Company. The cost of shipping the play systems amounted to $ and was paid by Didgeridoo. On December an account sales summary was received from the consignee, reporting that play systems had been sold for $ each. Remittance was made by the consignee for the amount due, after deducting a commission. Calculate the following at December Required The inventory value of the units unsold in the hands of the consignee The profit for the consignor for the units sold The amount of cash that will be remitted by the consignee.
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