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

question 42

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....................................................... $\$ 290$
-The inventory of benches will be reported on whose statement of financial position and at what amount?

• A) Heavy Metal's statement of financial position, $ 10,500
• B) Heavy Metal's statement of financial position, $ 10,920
• C) Disco's statement of financial position $ 10,500
• D) Disco's statement of financial position, $ 10,920

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Also known as adrenocorticotropic hormone (ACTH), it is a hormone produced by the anterior pituitary gland that stimulates the adrenal cortex.

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A condition where the body cannot respond properly to male sex hormones, leading to female physical traits despite having male genetic makeup.

Testosterone

Hormone secreted by testes; functions in sperm formation and development of male secondary sex characteristics.

Cellular Receptor

A protein molecule on the surface or inside a cell that binds to specific substances, triggering a response in the cell.