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