Entity A sells cutting machines, and also offers installation and technical support services The stand alone selling prices of each product are shown below The sale price of a cutting machine $80,000 Installation $20,000 One years service $100,000 Entity B bought a cutting machine on 1 May 2019 and...

The Revenue earned from Entity B is calculated as follows Total Revenue withou ...

Entity A sells cutting machines, and also offers installation and technical support services. The stand-alone selling prices

Fantastic news! We've Found the answer you've been seeking!

Question:

Entity A sells cutting machines, and also offers installation and technical support services. The stand-alone selling prices of each product are shown below.

The sale price of a cutting machine $80,000
Installation $20,000
One year’s service $100,000

Entity B bought a cutting machine on 1 May 2019 and was charged a reduced price of $126,000.

Entity A only reduces its price when customers purchase a package of products together.

REQUIRED:

Measure the revenue earned from Entity B for the year ended 31 December 2019.

Related Book For answer-question

Introduction to Business Statistics

ISBN: 978-1111524081

7th edition

Authors: Ronald M. Weiers

See More Books

Posted Date: May 14, 2020 05:42 AM

See More Questions

The summarized statements for the year ended 31 December 2007 for Mat, Rug and P entities are as follows: Statements of comprehensive income for the year ended 31 December 2007 The following...
Torrent plc?s income statement for the year ended 31 December 2014 and the statements of financial position as at 31 December 2013 and 2014 are as follows: Income statement for the year ended 31...
Chen plcs income statements for the years ended 31 December 2014 and 2015 and the statements of financial position as at 31 December 2014 and 2015 are as follows: Income statements for the years...
Locate the centroid of the region bounded by the given curves. about x = 5, y = 2x2, y = 0, x = 5 < UseHorizontal ElementOf Area > x = 5 y = 2x? y = 0
In a photoelectric effect experiment, two different metals (1 and 2) are subjected to EM radiation. Metal 1 produces photoelectrons for both red and blue light; metal 2 produces photoelectrons for...
Solve the given system of differential equations by systematic elimination. dx = -x + 3 dt dy -y + z dt dz -x +y dt
What hormone made by the hypothalamus helps regulate the amount of water in the body? What is its effect?
Velocity consulting firm enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to compete with Burger King. The contract spans eight months. Burger Boy...
To test a slide at an amusement park, a block of wood with mass 3.00 kg is released at the top of the slide and slides down to the horizontal section at the end, a vertical distance of 23.0 m below...
1. The average distance in kilometers from a school in Chicago to the closest fast food restaurant is 0.60 with a standard deviation of 0.45. Express each of the following distances as a z score: a....
Note that you are completing the accounting cycle for a company called Palisade Creek Company that is a merchandising company. You are to complete the accounting cycle for May 20Y7. The balances as...
1) Extend the ProWrestler class in the Undertaker class 2) Implement the Entrance interface in the JohnCena class(The method should print out an appropriate message for the entrance) 3) Implement the...
Adil purchased 1,000 units in the Equinox Segregated Fund on March1st of this year. The Net Asset Value (NAV) of the Equinox Fund was $14.80 on January 1st and during the course of the year this fund...
The consulting agency is working with the client on engineering plans. The client has 3 sanitation engineers that each can work 160 hours per month at a rate of $40 per hour. When the client needs...
The Lopez-Portillo Company has $11.2 million in assets, 60 percent financed by debt and 40 percent financed by common stock. The interest rate on the debt is 9 percent and the par value of the stock...
Program Description Write a program, CodeCracker.java - another guessing game for two players - but different from Assignment 1's game. You are going to write a program that generates a 3 digit...
In (Figure 1), the rod moves with a speed of 1.2 m/s on rails 27.0 cm apart. The rod has a resistance of 2.5 2. The magnetic field is 0.32 T, and the resistance of the U- shaped conductor is 21.0 2...
You are interested in investing and are considering a portfolio comprised of the following two stocks. Their estimated returns under varying market conditions are provided: (note: it is difficult to...
A resort catering to golfers has reported the average income of golfer households to be $95,000. Assume that this average had been based on the 100 incomes in file XR03036. a. Construct and interpret...
Using the MAD criterion, determine which one of the equations developed in Exercise 18.7 is the better fit to the data in that exercise. Repeat the evaluation, using the MSE criterion. In exercise...
Four different alloy compositions have been used in manufacturing metal rods, with the hardness measurements shown here. Use the 0.05 level of significance in testing whether the population means...
Use the numbers for the alcohol and tobacco category from the table in the Application "Goods with a Large Consumer Surplus Loss from Price Increases" to draw a figure that illustrates the roles that...
Change the answer given in the Challenge Solution for the short run rather than for the long run.
Are allocations $a$ and $g$ in Figure 10.4 part of the contract curve? Data From Figure 10.4:- 60 80 50 160 30 12. 20 20 Jane's wood 40 40 Denise's candy Od 20 Contract curve Denise's wood 20 218...

Entity A sells cutting machines, and also offers installation and technical support services. The stand-alone selling prices

Question:

Expert Answer:

The Revenue earned from Entity B is calculated as follows Total Revenue withou... View the full answer

Introduction to Business Statistics

Students also viewed these accounting questions