Use the Following Information for the Following Questions:
on April $\$ 700$

question 53

Multiple Choice

Use the following information for the following questions:
On April 1, Heavy Metal Corp. consigned 50 handcrafted benches to Disco Co. Heavy Metal’s cost was $ 350 per bench. Total freight costs were $ 700, which were paid by Disco. On August 1, Heavy Metal received a cheque for $ 14,100 from Disco which included the following information:
Number of units sold:..............................20
Expenses deducted:
Freight:.......................................................... $\$ 700$
Commission (20\% of sales price) ...............?
Advertising.................................................. $\$ 450$
Delivery....................................................... $\$ 290$
-Under the earnings approach, total sales were

• A) $ 15,540.
• B) $ 18,550.
• C) $ 19,060.
• D) $ 19,425.

---

Definitions:

Mental Processes

Cognitive activities of the mind, including thinking, perception, memory, and decision-making.

Sensation

The stimulation of sensory receptors and the transmission of sensory information to the central nervous system.

Perception

The process by which individuals interpret sensory information to give meaning to their environment.

Hypothesis

In psychology, a specific statement about behavior or mental processes that is tested through research.