On March $1,$ Arachnids Inc. enters into a contract with a customer to build a website for its start$-$up business for $$50,000,$ plus a possible performance bonus. The contract includes the creation of the website as a platform to display and sell the customer's products. The pricing of the customized website project includes a performance bonus of $$5,000$ to be paid to Arachnids Inc. if the website is completed by May $31.$ The performance bonus will be reduced for each week beyond the due date $($up to $4$ weeks$).$ Arachnids Inc. is unable to estimate the probabilities of all possible outcomes. Based on past experience, Arachnids Inc. believes that there is a $60\%$ chance that it will complete the customized website by May $31$ and a $40\%$ chance that it will not.

Indicate which method is appropriate in estimating the variable consideration.

Compute the transaction price for Consulting Inc.$\text{'}$s revenue contract.

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