(Answered) On october 1 the ajax company consigned 100 television sets

Accounting

On October 1, the Ajax Company consigned 100 television sets to M & R Retailers, Inc. Each television set had a cost of $150. Freight on the shipment was paid by Ajax in the amount of $200. On December 1, M & R submitted an "account sales" stating that it had sold 60 sets, and it remitted the $12,840 balance due. The remittance was net of the following deductions from the sales price of the televisions sold:

Commission 20% of sales price
Advertising $500
Delivery and installation charges 100

What was the total sales price of the television sets sold by M & R?

A. $16,800
B. $13,440
C. $17,000
D. $15,000

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