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Z Electronics sells computers and provides hardware maintenance services. On April 1st, Z sold 9 package deals containing a computer and a one-year unlimited maintenance/repair
Z Electronics sells computers and provides hardware maintenance services. On April 1st, Z sold 9 package deals containing a computer and a one-year unlimited maintenance/repair service contract for the computers at a bundle price of $1,000 each. If sold separately, the computers would cost $840 each and the one-year unlimited maintenance/repair service contract costs $360 per contract. How much revenue does Z Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly?
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