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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 $1,002 and the one-year unlimited maintenance/repair service costs $198. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly?
Multiple Choice
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$848.75
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$1,018.50
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$16.50
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$1,000
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