(Consignment Computations) On May 3, 2012, Eisler Company consined 80 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers amount to $840 and was paid by Eisler Company. on December 30, 2012, a report was received from the consuignee, indicating that 40 freezers had been sold for $750 each. Remittance was made by the consignee for the amount due, after deducting a commission of 6%, Advertising of $200, and total installation cost of $320 on the freezers sold.
(a)Compute the inventory value of the units unsold in the hands of the consignee.
(b) Compute the profit for the consignor for the unit sold.