Question: Kojak Electronics sells computers and provides hardware maintenance services. On April 1st Kojak sold a package deal containing a computer and a one-year unlimited maintenance/repair

Kojak Electronics sells computers and provides hardware maintenance services. On April 1st Kojak 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 $1,002 and the one-year unlimited maintenance/repair service costs $198. How much revenue does Kojak Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly? 43 Multiple Choice $16.50 $848.75 $1,018.50 $1,000

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