Question: Sec 11 - There are two parts to this question, namely, Part A, Part B, Part C, and Part D. You are required to provide

Sec 11 - There are two parts to this question, namely, Part A, Part B, Part C, and Part D. You are required to provide your response to each of these parts. Appliance Center is an experienced home appliance dealer. Appliance Center also offers a number of services together with the home appliances that it sells. Appliance Center sells ovens on a standalone basis. It also sells installation services and maintenance services for ovens. Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. The pricing packages are as follows: i. Oven only: $800 ii. Oven with installation service: $850 iii. Oven with maintenance services: $975 iv. Oven with installation and maintenance services: $1,000 In each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $175. Installation is a separate service for which the incremental amount charged by Appliance Center for installation is equal to the amount charged by independent third parties. Ovens are sold subject to a general right of return. If a customer purchases an oven with installation and/or maintenance services, in the event Appliance Center does not complete service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $800. Q11. Part A: What is the amount of Revenue to be recognized for Oven, Installation, and Maintenance for pricing package (i) above. Please write your answer in the space provided. (Not more than 50 words) (0.5 Marks) Q11. Part B: What is the amount of Revenue to be recognized for Oven, Installation, and Maintenance for pricing package (ii) above. Please write your answer in the space provided. (Not more than 50 words) (0.5 Marks) Q11. Part C: What is the amount of Revenue to be recognized for Oven, Installation, and Maintenance for pricing package (iii) above. Please write your answer in the space provided. (Not more than 50 words) (0.5 Marks) Q11. Part D: What is the amount of Revenue to be recognized for Oven, Installation, and Maintenance for pricing package (iv) above. Please write your answer in the space provided. (Not more than 50 words) (0.5 Marks)

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