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View Policies Show Attempt History Current Attempt in Progress Port Automotive Supply enters into a contract to supply Oriole Electrocar Company with 320 automotive tires

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View Policies Show Attempt History Current Attempt in Progress Port Automotive Supply enters into a contract to supply Oriole Electrocar Company with 320 automotive tires at a price of $37 per tire on August 4, 2021. The tires were delivered to Oriole on September 18, 2021, FOB destination, and terms are n/30. No returns are expected and Oriole does not offer a warranty on the tires because one is provided by the manufacturer. The cost of the tires to Port is $17 per tire. Port is unable to determine the collectibility of the amount from Oriole because it is a new company, but Oriole pays the amount in full on November 4, 2021. Using the revenue recognition criteria for the earnings approach, answer the following questions: (a5) Are the costs associated with the sale known? If so, how much are the costs? The costs is $ Yes Biexwook and Media List of Accounts Save for Later Last saved 7 days ago Attempts: 0 of 3 used Submit

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