How much revenue does minarski electronics recognize for


Question - Minarski Electronics sells computers and provides hardware maintenance services. On April 1st, 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 $660 and the one-year unlimited maintenance/repair service costs $540. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: How much revenue does minarski electronics recognize for
Reference No:- TGS02906453

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)