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

Question 3

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\$ 700
Commission (20\% of sales price) ...............?
Advertising.................................................. $450\$ 450
Delivery....................................................... $290\$ 290
-Under the earnings approach, total sales were


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

Correct Answer:

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