Sompong company consigned five refrigerated, costing $120 each, to Dumrong company.
the cost of hauling the merchandise to the freight, paid by the consignor,was $ 10
packing cost were estimated to be $12; the consignor charges all such costs to a packing expense account; the $12 regarded as applicable to this consignment is merely a portion of the total of such expense.
the consignee remitted $901.50 as the proceeds the consignment (sales:5 refrigerated at $250 each = 1,250 charges:freight $30 transportation 6 and commission = 25%)