(Solved): please find part B!! During 2025, Marigold Furniture Company purchases a carload of wic ...

please find part B!!

During 2025, Marigold Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Marigold for a lump sum of $$\$47,880$$ because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for each are listed below. During 2025, Marigold sells 160 lounge chairs, 80 armchairs, and 96 straight chairs. What is the amount of inventory of unsold straight chairs on December 31,2025 ? (Round cost per chair to 2 decimal places, eg. 78.25 and final answer to 0 decimal places, eg. 5,845.) Amount of inventory of unsold straight chairs $$\$$$ During 2025, Marigold Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Marigold for a lump sum of $$\$47,880$$ because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for each are listed below. During 2025, Marigold sells 160 lounge chairs, 80 armchairs, and 96 straight chairs. (a) What is the amount of gross profit realized during 2025? (Round cost per chair to 2 decimal places, eg. 78.25 and final answer to 0 decimol places, eg. 5,845.) Gross profit realized during 2025 eTextbook and Media Attempts: 2 of 3 used (b) What is the amount of inventory of unsold straight chairs on December 31, 2025? (Round cost per chair to 2 decimal places, eg. 78.25 and final answer to 0 decimal places, e.g. 5,845 .) Amount of inventory of unsold straight chairs \$