On August 5, 2018 Famous Furniture shipped 40 dinning sets on consignment to Furniture Outlet,...
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On August 5, 2018 Famous Furniture shipped 40 dinning sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $350 each. The cost of shipping the dining sets amounted to $1,800 and was paid for by Famous Furniture. On December 30, 2018, the consignee reported the sales of 30 dining sets at $850 each. The consignee remitted payment for the amount due after dedcuting a 6% commission, advertising expense of $600, and installation and setup costs of $780. The total profit on units sold for the consignor is a. $22,590 b.$10,290 c.$12,090 d.$19,890
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