How much revenue does minarski electronics recognize

Assignment Help Accounting Basics
Reference no: EM132591073

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 $876 and the one-year unlimited maintenance/repair service costs $324. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly?

a. $903.00

b. $752.50

c. $27.00

d. $1,000

Reference no: EM132591073

Questions Cloud

What cost of goods sold is closest to : What Cost of Goods Sold (before any under/over applied overhead adjustment) is closest to and The amount of Materials applied to WIP is closest to
What share of the company would sbi caps require today : What share of the company would SBI caps require today if their required rate of return was 50%? What are the pre money and post valuations
Write the full electron configuration : Write the full electron configuration for a neutral aluminum atom.
Determine controllable variance and total factory cost : Harvey Inc. manufactures Product S,Determine the controllable variance, volume variance, and total factory overhead cost variance for Product
How much revenue does minarski electronics recognize : How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly
7094MAA Global Engineering Strategy Assignment : 7094MAA Global Engineering Strategy Assignment Help and Solution, Coventry University - Assessment Writing Service - business performance and competitive
How find the quantity variance : How Determine the quantity variance, price variance, and total direct material cost variance for Product S.Determine the time variance, rate variance
What is the pressure in atmospheres of the gas : What is the pressure in atmospheres of the gas remaining in the flask? Ignore the volume of solid NH4Cl produced by the reaction.
What was the total standard cost of the ending inventory : Reconcile the difference in retained earnings at the end of the period under absorption costing and variable costing? What was the total standard cost

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd