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X of karnali sends out 100 boxes of apples to y of dang costing rs 200 each consignors expenses rs 4000 consignee's expenses non selling 900 selling 500. 1/10th of the boxes were lost in transit 2/3rd of the boxes received by consignee were sold. The amount of consignment stock will be?
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X of karnali sends out 100 boxes of apples to y of dang costing rs 200...
Calculation of Consignment Stock
Given data:
- 100 boxes of apples are sent from X of Karnali to Y of Dang.
- The cost of each box is Rs 200.
- Consigned expenses: Rs 4000
- Consignee's expenses (non-selling): Rs 900
- Consignee's expenses (selling): Rs 500
- 1/10th of the boxes were lost in transit
- 2/3rd of the boxes received by the consignee were sold
Step 1: Calculate the total cost of the consignment
Total cost of 100 boxes = 100 x Rs 200 = Rs 20,000
Step 2: Calculate the lost boxes
Lost boxes = 1/10 x 100 = 10 boxes
Step 3: Calculate the remaining boxes
Remaining boxes = Total boxes - Lost boxes = 100 - 10 = 90 boxes
Step 4: Calculate the cost of remaining boxes
Cost of remaining boxes = Remaining boxes x Cost per box = 90 x Rs 200 = Rs 18,000
Step 5: Calculate the consignment stock
Consignment stock = Cost of remaining boxes + Consigned expenses + Consignee's expenses (non-selling) = Rs 18,000 + Rs 4,000 + Rs 900 = Rs 22,900
Step 6: Calculate the sold boxes
Sold boxes = 2/3 x Remaining boxes = 2/3 x 90 = 60 boxes
Step 7: Calculate the consignee's expenses (selling)
Consignee's expenses (selling) = Sold boxes x Expenses per box = 60 x Rs 500 = Rs 30,000
Step 8: Calculate the consignment stock after deducting selling expenses
Consignment stock after deducting selling expenses = Consignment stock - Consignee's expenses (selling) = Rs 22,900 - Rs 30,000 = (-) Rs 7,100
Conclusion:
The amount of consignment stock after deducting the selling expenses is (-) Rs 7,100. This means that the consignor has incurred a loss of Rs 7,100 in the consignment.
Given data:
- 100 boxes of apples are sent from X of Karnali to Y of Dang.
- The cost of each box is Rs 200.
- Consigned expenses: Rs 4000
- Consignee's expenses (non-selling): Rs 900
- Consignee's expenses (selling): Rs 500
- 1/10th of the boxes were lost in transit
- 2/3rd of the boxes received by the consignee were sold
Step 1: Calculate the total cost of the consignment
Total cost of 100 boxes = 100 x Rs 200 = Rs 20,000
Step 2: Calculate the lost boxes
Lost boxes = 1/10 x 100 = 10 boxes
Step 3: Calculate the remaining boxes
Remaining boxes = Total boxes - Lost boxes = 100 - 10 = 90 boxes
Step 4: Calculate the cost of remaining boxes
Cost of remaining boxes = Remaining boxes x Cost per box = 90 x Rs 200 = Rs 18,000
Step 5: Calculate the consignment stock
Consignment stock = Cost of remaining boxes + Consigned expenses + Consignee's expenses (non-selling) = Rs 18,000 + Rs 4,000 + Rs 900 = Rs 22,900
Step 6: Calculate the sold boxes
Sold boxes = 2/3 x Remaining boxes = 2/3 x 90 = 60 boxes
Step 7: Calculate the consignee's expenses (selling)
Consignee's expenses (selling) = Sold boxes x Expenses per box = 60 x Rs 500 = Rs 30,000
Step 8: Calculate the consignment stock after deducting selling expenses
Consignment stock after deducting selling expenses = Consignment stock - Consignee's expenses (selling) = Rs 22,900 - Rs 30,000 = (-) Rs 7,100
Conclusion:
The amount of consignment stock after deducting the selling expenses is (-) Rs 7,100. This means that the consignor has incurred a loss of Rs 7,100 in the consignment.
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X of karnali sends out 100 boxes of apples to y of dang costing rs 200...
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X of karnali sends out 100 boxes of apples to y of dang costing rs 200 each consignors expenses rs 4000 consignee's expenses non selling 900 selling 500. 1/10th of the boxes were lost in transit 2/3rd of the boxes received by consignee were sold. The amount of consignment stock will be?
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