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How much is the commission

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Problem - Schindler Co. consigns 20 water heaters to Paralax Co. on January 1, 20x1. The unit cost per water heater is 10,000. Schindler pays 3,000 in transporting the water heaters to Paralax. At month-end, Paralax remits 232,000 for the sale of 16 water heaters, after deduction for the following:

20% commission based on selling price

Freight out 16,000

Installation costs 8,000

Required - How much is the commission?

Reference no: EM132748954

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