What was the total remittance received from the consignee by Eisler Company after deducting expenses?

To determine the total remittance received from the consignee by Eisler Company after deducting expenses, it's essential to understand how consignments work in financial accounting. In a consignment arrangement, the consignor (Eisler Company, in this case) sends goods to the consignee, who sells the goods on behalf of the consignor. The consignee deducts their expenses, including sales commissions and any other fees, before sending the proceeds back to the consignor.

In this scenario, the correct answer indicates that after deducting these expenses, the total remittance of $27,680 was received. This figure reflects the actual cash flow that Eisler Company garnered from the sales made by the consignee, factoring in all operational costs associated with the selling of those goods.

To reinforce this understanding, one can think of scenarios where the total sales generated by the consignee should be reduced by any commissions paid to the consignee and other related expenses. Therefore, the remittance amount needs to be calculated with the expenses subtracted from the total sales figure, leading to the net amount being returned to Eisler Company.