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 30", assuming that revenue is accrued monthly? 3.33 points Multiple Choice 8 00:44:57 0 $45.00 0 $1,000 0 $587.50 0 $705.00

Answer 1

Solution:

Sales Revenue proportionate = $1000*($660/1200) = $550

Service revenue = $1000* ($540/1200) = $450

Revenue for the month 30th april = $550 + (450*1/12) = $587.50

Hence third option is correct.