Question: Current Attempt in Progress In September 2 0 X 1 , Pinkston's Promotional Products contracted to sell 5 0 0 engraved insulated tumblers to The

Current Attempt in Progress
In September 20X1, Pinkston's Promotional Products contracted to sell 500 engraved insulated tumblers to The Hampton Hotel for \(\$ 4,500\)(\(\$ 9\) per tumbler). Pinkston's cost for each tumbler is \(\$ 6\). One hundred tumblers are to be delivered to Hampton each month beginning October 1,20X1. On November 3, after 200 have been delivered, the contract is modified. Pinkston commits to delivering an additional 700 products for an additional \(\$ 6,650\)(\(\$ 9.50\) per tumbler). If the contract modification does not result in a separate performance obligation, how is revenue from the delivery of the tumblers recognized in November?
The revenue for the 100 tumblers delivered in November is calculated using the original contract price.
The revenue for the 100 tumblers delivered in November is calculated using a blended price of the original contract and the price of the contract modification.
The revenue for the 100 tumblers delivered in November is calculated using the selling price specified in the contract modification.
The revenue for the 100 tumblers delivered in November is calculated using the average of the original selling price and the standalone price in the contract modification.
Current Attempt in Progress In September 2 0 X 1

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