Question: Jo Corp sells annual air filter subscriptions, under the subscription, customers receive one air filter per month. On May 1, 2019, Jo sold 150 subscriptions
Jo Corp sells annual air filter subscriptions, under the subscription, customers receive one air filter per month. On May 1, 2019, Jo sold 150 subscriptions for the 10x25x1 size air filter for $14,400. The filters are sent beginning the first 15th of the month after the subscription is placed and every 15th thereafter. How much revenue should Jo recognize in 2019 for the sale of the filter subscriptions?
Select one:
$0
$10,800
$9,600
$1,200
$8,400
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