Quantity of dolls and horses are 10 and 5 respectively .
Selling prices of dolls and horses are $7 and $ 9 respectively .
And the commission on them are $2 and $ 3 respectively .
So net price = 10*(7-2) + 5(9-3) = 10+5 + 5*6 = 50+30 = 80
So the total value of the merchandise using net realizable value is $ 80. Therefore out of the given options, correct option is the last option .
Answer:
The correct option is 4.
Step-by-step explanation:
The given data table is
Item quantity selling price commission
Doll 10 $7 $2
Horse 5 $9 $3
Total value of the merchandise using net realizable value is
Total value of the merchandise = Selling price - Commission
The value of the merchandise using net realizable value for doll is
[tex]10(7-2)=10(5)\Rightarrow \$ 50[/tex]
The value of the merchandise using net realizable value for horse is
[tex]6(9-3)=5(6)\Rightarrow \$ 30[/tex]
Total value of the merchandise using net realizable value is
[tex]Total=\$ 50+\$ 30=\$ 80[/tex]
Therefore the correct option is 4.
