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Help Needed! During 2025, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer...

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Accounting

Help Needed! During 2025, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Whispering for a lump sum of $ 95,760 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, Whispering sells 320 lounge chairs, 160 armchairs, and 192 straight chairs. (a) What is the amount of gross profit realized during 2025?(Round cost per chair to 2 decimal places, e.g.78.25 and final answer to 0 decimal places, e.g.78.25 and final answer to 0 decimal places, e.g.5845.) Amount of inventory of unsold straight chairs?

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