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On October 1 , 2 0 1 , Bullseye Company sold 2 5 0 , 0 0 0 gallons of diesel fuel to Schmidt Co

On October 1,201, Bullseye Company sold 250,000 gallons of diesel fuel to Schmidt Co. at $3 per gallon. On November 8,201,150,000 gallons were delivered; on December 27,201, another 50,000 gallons were delivered; and on January 15,202, the remaining 50,000 gallons were delivered. Payment terms are 10% due on October 1,201;50% due on first delivery; 20% due on the next delivery; and the remaining 20% due on final delivery.
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Do each of the three deliveries represent a distinct performance obligation?
What amount of revenue should Bullseye recognize from this sale during 20X1?
\table[[,,],[1.,Do each of the three deliveries represent a distinct performance obligation?,],[2.,What amount of revenue should Bullseye recognize from this sale during 20X1?,]]
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