Question
KC Marketing (KC) makes the following specialized campaigns for its customers: KC will prepare a TV commercial for $1.5M, an app for $500K, and a
KC Marketing (KC) makes the following specialized campaigns for its customers:
KC will prepare a TV commercial for $1.5M, an app for $500K, and a Facebook page for $500K. The TV commercial, the app, and the Facebook page are not interrelated. If a customer purchases all items, the total cost is $1.5M, which the customer will pay upon signing the contract. Furthermore, only and only if the app is downloaded more than 10,000 times in the first month, KC will receive a one-time bonus of $100K. The agreement creates enforceable rights and obligations. Before the end of the fiscal quarter, the app was not actually downloaded more than 10,000 times in the first month. How much revenue will KC allocate to the app?
a. $400K
b. $600K
c. $1.5M
d. $300K
e. $500K
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started