Question: Apple Electronics sells computers and provides hardware maintenance services. On September 1st, Apple sold a package deal containing a computer and a 6-month unlimited maintenance/repair
Apple Electronics sells computers and provides hardware maintenance services. On September 1st, Apple sold a package deal containing a computer and a 6-month unlimited maintenance/repair service for the computer at a bundle price of $1,600. If sold separately, the computer costs $1500 and the 6-month unlimited maintenance/repair service costs $500. How much revenue does Apple Electronics recognize for the month ended September 30th, assuming that revenue is accrued monthly? A. $1,600 B. $1,200 C. $1,267 D. $400 OA C B O
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