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:..........................................................
Commission (20\% of sales price) ...............?
Advertising..................................................
Delivery.......................................................
-Under the earnings approach, total sales were
A) $ 15,540.
B) $ 18,550.
C) $ 19,060.
D) $ 19,425.
Correct Answer:
Verified
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