Perneo Enterprises sels annual mernberships to its shooting lodge. The memberships cost 5240 each, On January 1. Perneo sold 4,000 memberships and receved cash. Reler to Pemco Enterprises. How much revenue should Pemco recognize each month? (Round your final answer to the nearest whole number) A. 540.000 D. 50 c. sin,000 b. 598.000 Fernoo Enterprises sells anmal memberships to its shooting lodpe. The memberchipr cost 5300 each. On Jahuary 1, Pemeo sold 2,000 mernberships and recelved earih. Refer to Pemoo Enterpriser. How much revenue should Pemoo recognize en Jamuary 1 ? A. 5000,000 B. $100,000 C. 550.000 D. 30 Gleason Construction enters into a long - term foved price contruct to build an office building for $27,000,000. In the first year of the oontract Gleason inours $3,000,000 of cost and the engineers determined that the remaining costs to complete the propect are $25,100.000. How much gross profit or loss should Cieason recognize in Year 1 assiming the use of the percentage- of - cormplebion mathod? A. 51,100,000 ioss B. 50 C. 51,100,000 peofit D. 5117,438 loss Gray Unitorms is a wholessaler who selks school uniforms to retalers. On August 1. Gexy contracts with Exoel School Uniforms to sell 2,000 uniforms to Excel to be defivered Beptermber 1. The contract priee is set at $340 each. The contract prevides for a 10% volume diseourt if sales exbeed 3,000 undorms. The probability of sales exceeding 3,000 untorms is expected ta be 61\%. Using the most - Wely - amount approach, the consideraticn is estimated to be A. 5012000 B. sec2,200 C. 5414,200 D. 5007,400 Perneo Enterprises sels annual mernberships to its shooting lodge. The memberships cost 5240 each, On January 1. Perneo sold 4,000 memberships and receved cash. Reler to Pemco Enterprises. How much revenue should Pemco recognize each month? (Round your final answer to the nearest whole number) A. 540.000 D. 50 c. sin,000 b. 598.000 Fernoo Enterprises sells anmal memberships to its shooting lodpe. The memberchipr cost 5300 each. On Jahuary 1, Pemeo sold 2,000 mernberships and recelved earih. Refer to Pemoo Enterpriser. How much revenue should Pemoo recognize en Jamuary 1 ? A. 5000,000 B. $100,000 C. 550.000 D. 30 Gleason Construction enters into a long - term foved price contruct to build an office building for $27,000,000. In the first year of the oontract Gleason inours $3,000,000 of cost and the engineers determined that the remaining costs to complete the propect are $25,100.000. How much gross profit or loss should Cieason recognize in Year 1 assiming the use of the percentage- of - cormplebion mathod? A. 51,100,000 ioss B. 50 C. 51,100,000 peofit D. 5117,438 loss Gray Unitorms is a wholessaler who selks school uniforms to retalers. On August 1. Gexy contracts with Exoel School Uniforms to sell 2,000 uniforms to Excel to be defivered Beptermber 1. The contract priee is set at $340 each. The contract prevides for a 10% volume diseourt if sales exbeed 3,000 undorms. The probability of sales exceeding 3,000 untorms is expected ta be 61\%. Using the most - Wely - amount approach, the consideraticn is estimated to be A. 5012000 B. sec2,200 C. 5414,200 D. 5007,400
