Please present your solution in good accounting form. Thank you! 1.) What is the inventory value of the units unsold in the hands ofthe consignee?A. 150,000 C. 154,500B. 153,000 D. 157,5002.) What is the profit of the consignor for the units sold?A. 24,000 C. 27,000B. 26,000 D. 70,000 Problem 8On October 1,consignment.P20,000 each.P10,000. The cost of shipment paid by the consignor was P7,500.The consignor agreed to absorb the consignee's expenditure forfreight and also to allow the consignee P1,000 for delivery andshipped 25CLARKcamerastoKENTInc onto be sold at list price ofthe consignor isTheareof each cameracamerasThecosttoinstallation for each set.Commission is to be 25% of the salesOn October 31, KENT submitted the following summary ofprice.consignment sales:Sets receivedSets soldSets258returned(defective)Sets on handtoconsignor21015October 2-30 Sales, 8 cameras @ P20,000Charges:P 160,000Freight-inDeliveries and InstallationP 5,0008,000expensesCommissions40,00053,000P 107,00025,000TotalRemittanceBalance owed (collections fromcustomers not yet made)82,000CMP

Name: Please present your solution in good accounting form. Thank you! 1.) W
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Description: Please present your solution in good accounting form. Thank you! 1.) What is the inventory value of the units unsold in the hands ofthe consignee?A. 150,000 C. 154,500B. 153,000 D. 157,5002.) What is the profit of th