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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 unlimited
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 $966 and the oneyear unlimited maintenance/repair service costs $234. How much revenue does Minarski Electronics recognize for the month ended April 30 th assuming that revenue is accrued monthly? Note: Do not round intermediate calculations. Multiple Choice $1,000 $821.25 $985.50 $19.50
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