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Apple Inc sells macBooks and provides maintenance services. On July 1st Apple sold a package containing a macBook and a 1-year unlimited maintenance service for
Apple Inc sells macBooks and provides maintenance services. On July 1st Apple sold a package containing a macBook and a 1-year unlimited maintenance service for the MacBook at a bundle price of $1,000. If sold separately, the MacBook would cost $696 and the 1-year unlimited maintenance service would cost $504. How much revenue would Apple Inc recognize for the month ended July 31st, assuming that revenue is accrued monthly
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