Question: Minarski Electronics sells computers and provides hardware maintenance services. On April 1 st, Minarski sold a package deal containing a computer and a one-year unlimited
Minarski Electronics sells computers and provides hardware maintenance services. On April 1 st, Minarski 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 Minarski Electronics recognize for the month ended April 30 th, assuming that revenue is accrued monthly?
| $870 | ||
| $30 | ||
| $725 | ||
| $1,000 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
