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Minarski Electronics sells computers and provides hardware maintenance services. On April 1 st , Minarski sold a package deal containing a computer and a one-year
Minarski Electronics sells computers and provides hardware maintenance services. On April 1st, Minarski sold a package deal containing a computer and a one-year unlimited maintenance/repair service for the computer at a bundle price of $1,000. If sold separately, the computer costs $966 and the one-year unlimited maintenance/repair service costs $234. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly? |
$1,000
$985.50
$19.50
$821.25
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