b – 395

Sales (unknown) x

Less Charges:

Commission (unknown) __x__ (P10) P100

Delivery expense __P45__ ________

Remittance P35,505

x -[( _x__ ) P10 + P45 ] = P35,505

100

x – _P10x_ = P35,550

P100

P100x – P10x = P3,555,000

P90x = P3,555,000

x = P39,500
Number of ballpens sold = _P39,500_ = P395

P100 per unit

29. b

Regular Sales

Consignment

Sales Total

Sales P120,000 P30,000 P150,000

Cost of sales 84,000 19,500* 103,500

Gross profit P 36,000 P10,500 P 46,500

Operating expenses:

Commission (P30,000 x 5%) P 1,500 P 1,500

Freight-in (P260 x P19,500*/P26,000) 1,950 1,950

Others

Regular (P15,150 x P19,500/P26,000) 12,120

Consignment

(P15,150 x P30,000/P150,000) _______ 3,030 3,030

Total P 12,120 P 4,725 _P16,845_

Net profit P 23,880 P 5,775 P29,655

*P26,000 – P6,500 = P19,500

30. d – P5,775 (refer to No. 29 for computation)

31. a – (P18,000 + P900) = P18,900