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.

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Definitions:

Resemble Us

A term that could indicate the human tendency to affiliate with or be attracted to individuals who share similar characteristics or behaviors to oneself.

Attracted

Feeling drawn towards or having an interest in someone or something.

Longitudinal Study

A research method that studies the same participants over a period of time, observing changes or developments in their behavior or characteristics.

Similar In Age

A description that indicates two or more individuals or entities are close in chronological age or period of existence.