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Question - Over the winter months, the Pharoah Lawns Co. pre-sells fertilizing and weed control lawn services to be performed from May through September, inclusive. If payment is made in full by April 1, a 5% discount is allowed. In March, 360 customers took advantage of the discount and purchased the summer lawn service package for $700 each. In June, 290 customers purchased the package for $780, and in July, 97 purchased it for the same price. For customers who pay after May 1, service starts in the month the customer makes the payment.
How much revenue should be recognized by the Pharoah Lawns Co. in each of the months of March, April, May, June, July, August, and September?
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