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Berry Farm produces organic tomatoes and strawberries. In June 2016, it transported 125 boxes of strawberries with a price of $24 per box to the
Berry Farm produces organic tomatoes and strawberries. In June 2016, it transported 125 boxes of strawberries with a price of $24 per box to the Bay Farmers' Market. Berry Farm paid an upfront fee of $200 to present its products at the market for one week, and the market earns a 20% profit margin on each item sold, but Berry Farm is responsible for any items that remain unsold at the end of the week.
The market was able to sell 80 boxes of strawberries to customers. How muchrevenue should Berry Farm recognize with respect to this transaction?
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