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Satay JB sells Satay Set A to Norine at RM 24. It includes a main course, side dish and drink. The standalone selling price being:

Satay JB sells Satay Set A to Norine at RM 24. It includes a main course, side dish and drink. The standalone selling price being:

Main course RM 16.00

Side dish RM 10.00

Drink RM 4.00

Based on the given information above, discuss the correct application of the five-steps model in recognizing revenue for Satay JB as required in MFRS 15 Revenue from Contracts with Customers. [8 marks]

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