Question: View Policies Current Attempt in Progress On August 15, 2020, Japan Ideas consigned 600 electronic play systems, costing $110 each, to Yo Yo Toys Company.

View Policies Current Attempt in Progress On August 15, 2020, Japan Ideas consigned 600 electronic play systems, costing $110 each, to Yo Yo Toys Company. The cost of shipping the play systems amounted to $1,400 and was paid by Japan Ideas On December 31, 2020, an account sales summary was received from the consignee, reporting that 420 play systems had been sold for $160 each. Remittance was made by the consignee for the amount due, after deducting a 20% commission Calculate the inventory value of the units unsold in the hands of the consignee at December 31, 2020, Inventory value of the units unsold $ e Textbook and Media Calculate the profit for the consignor for the units sold at December 31, 2020 Profit $ Calculate the profit for the consignor for the units sold at December 31, 2020. Profit $ e Textbook and Media Calculate the amount of cash that will be remitted by the consignee at December 31, 2020. Remittance $ e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later
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