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Crane Company sells goods to Blossom Company during 2025. It offers Blossom the following rebates based on total sales to Blossom. If total sales to
Crane Company sells goods to Blossom Company during 2025. It offers Blossom the following rebates based on total sales to Blossom. If total sales to Blossom are 10,100 units, it will grant a rebate of 2%. If it sells up to 19,700 units, it will grant a rebate of 5%. If it sells up to 32,800 units, it will grant a rebate of 5%. In the first quarter of the year, Crane sells 10,400 units to Blossom at a sales price of $114,400. Crane, based on past experience, has sold over 37,900 units to Blossom, and these sales normally take place in the third quarter of the year. What amount of revenue should Crane report for the sale of the 10,400 units in the first quarter of the year
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