70.2K

Verified Solution

Link Copied!

Shamrock Company sells goods to Bridgeport Company during 2017. It offers Bridgeport the following rebates based on total sales to Bridgeport. If total sales to Bridgeport are 10,600 units, it will grant a rebate of 3%. If it sells up to 20,200 units, it will grant a rebate of 4%. If it sells up to 30,200 units, it will grant a rebate of 6%. In the first quarter of the year, Shamrock sells 12,000 units to Bridgeport at a sales price of $120,000. Shamrock, based on past experience, has sold over 39,700 units to Bridgeport, and these sales normally take place in the third quarter of the year. is upaua, What amount of revenue should Shamrock report for the sale of the 12,000 units in the first quarter of the year. Revenue $ Shamrock Company sells goods to Bridgeport Company during 2017. It offers Bridgeport the following rebates based on total sales to Bridgeport. If total sales to Bridgeport are 10,600 units, it will grant a rebate of 3%. If it sells up to 20,200 units, it will grant a rebate of 4%. If it sells up to 30,200 units, it will grant a rebate of 6%. In the first quarter of the year, Shamrock sells 12,000 units to Bridgeport at a sales price of $120,000. Shamrock, based on past experience, has sold over 39,700 units to Bridgeport, and these sales normally take place in the third quarter of the year. is upaua, What amount of revenue should Shamrock report for the sale of the 12,000 units in the first quarter of the year. Revenue $

Answer & Explanation Solved by verified expert

See Answer