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Stellar Company sells goods to Pearl Company during 2020. It offers Pearl the following rebates based on total sales to Pearl. If total sales to
Stellar Company sells goods to Pearl Company during 2020. It offers Pearl the following rebates based on total sales to Pearl. If total sales to Pearl are 10,600 units, it will grant a rebate of 2%. If it sells up to 18,300 units, it will grant a rebate of 5%. If it sells up to 27,400 units, it will grant a rebate of 6%. In the first quarter of the year, Stellar sells 10,500 units to Pearl at a sales price of $94,500. Stellar, based on past experience, has sold over 39,400 units to Pearl, and these sales normally take place in the third quarter of the year. What amount of revenue should Stellar report for the sale of the 10,500 units in the first quarter of the year. $ Revenue
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