Minarski Electronics sells computers and provides hardware maintenance services. On April 1st, Minarski sold a...
70.2K
Verified Solution
Link Copied!
Question
Accounting
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 $966 and the one-year unlimited maintenance/repair service costs $234. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly?
$985.50
$19.50
$821.25
$1,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
