Question: Question 5 . 2 ( Total: 2 4 marks; - 2 marks per error ) On August 1 5 , 2 0 2 2 ,
Question Total: marks; marks per error
On August Didgeridoo consigned electronic play systems, costing $ each, to Toys R U 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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