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Blossom Company sells goods to Blue Company during 2020. It offers Blue the following rebates based on total sales to Blue. If total sales to
Blossom Company sells goods to Blue Company during 2020. It offers Blue the following rebates based on total sales to Blue. If total sales to Blue are 10,400 units, it will grant a rebate of 3%. If it sells up to 21,300 units, it will grant a rebate of 4%. If it sells up to 30,000 units, it will grant a rebate of 7%. In the first quarter of the year, Blossom sells 10,500 units to Blue at a sales price of $115,500. Blossom, based on past experience, has sold over 36,700 units to Blue, and these sales normally take place in the third quarter of the year. What amount of revenue should Blossom report for the sale of the 10,500 units in the first quarter of the year. Revenue +A $
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