Calculate amount of revenue that hearstrings will recognize

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Reference no: EM13912170

Heartsrings sells an assortment of gifts for any occasion During October Heartsring started a Gift of the month program Under the terms of this program beginning n the month of the sale, Hearstrings would select and deliver a random gift each month over the next twelve months to the person the customer selects as a recipient. Duting October Heartstring sold 25 of these packages for a total of $11,280 in cash.

Required:

For the month of October, calculate the amount of revenue that Hearstrings will recognize

Reference no: EM13912170

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