Business, 28.01.2020 22:49 romedome15

Mogul company ships merchandise to ski outfit in a consignment arrangement. the arrangement specifies that ski outfit will attempt to sell the merchandise, and in return, mogul will pay to ski outfit a 15% sales commission on any merchandise sold. during the year, mogul ships inventory with a cost of $85,000 to ski outfit. by the end of the year, $64,000 of the merchandise has been sold to customers for a total of $90,200. what amount of inventory will mogul report at year end?
a. $0.
b. $5,200.
c. $12,750.
d. $21,000.

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