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x Your answer is incorrect. Grouper Company sells goods to Monty Company during 2020. It offers Monty the following rebates based on total sales to
x Your answer is incorrect. Grouper Company sells goods to Monty Company during 2020. It offers Monty the following rebates based on total sales to Monty. If total sales to Monty are 10,900 units, it will grant a rebate of 3%. If it sells up to 20,100units, it will grant a rebate of4%. If it sells up to31,900units, it will grant a rebate of6%. In the first quarter of the year, Grouper sells 10,500units to Monty at a sales price of $105,000. Grouper, based on past experience, has sold over42,800units to Monty, and these sales normally take place in the third quarter of the year. What amount of revenue should Grouper report for the sale of the 10,500units in the first quarter of the year. $105840 Revenue
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