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 unlimited maintenance/repair service for the computer at a bundle price of $1,000. If sold separately, the computer costs $750 and the one-year unlimited maintenance/repair service costs $450. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly? Note: Do not round intermediate calculations. Multiple Choice $1,000 $787.50 $37.50 $656.25 Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $2,910 and the bank balance on the bank statement was $3,060. Outstanding checks totaled $760 and deposits in transited were $480. The bank statement revealed that a check written for $200 was incorrectly recorded by Brockton as a $300 disbursement. The bank statement listed service charges and NSF check charges totaling $230. The corrected cash balance is: Multiple Choice $2,780. $2,550. $2,350. $2,630. Wilson Links Products sells a product that involves two separate performance obligations: the SwingRight golf club weight and the SwingCoach teaching software. SwingRight has a standalone selling price of $210. Wilson sells both the SwingRight and the SwingCoach as a package deal for $320. The SwingCoach software is not sold separately. Wilson is aware that other vendors charge $220 for similar software, and Wilson's prices are generally 10% lower than what is charged by those vendors. Wilson estimates that it incurs approximately $125 of cost per copy of the software, and usually charges 50% above cost on similar products. Estimate the stand-alone selling price of the software using the residual approach. Multiple Choice $200 $188 $110 $250