Question
Entity A is a listed company in Hong Kong. It sells 3D printers. It also offers installation and technical support services to its clients. The
Entity A is a listed company in Hong Kong. It sells 3D printers. It also offers installation and technical support services to its clients.
The stand-alone selling prices of each product are shown below. The sale price of a 3D printer is $460,000. The installation service price is $240,000 and the one-year technical support service price is $300,000.
Entity B bought a 3D printer including installation and technical support services on 1 August 2022 and was charged a reduced price of $870,200.
Entity A reduces its price when customers purchase a package of products together.
REQUIRED:
Measure the revenue earned from Entity B for the year ended 31 March 2023.
ANSWER:
Revenue =
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