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How much revenue should dplastik company recognized

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Problem 1: D'Plastik Company sells plastic containers. On 1st January 2015, Z Sdn Bhd, a customer places an order of 10 boxes of plastic containers from D'Plastik Company. Each box has 2,000 plastic containers. The normal selling price per box is RM400. D'Plastik Company delivered the 10 boxes on 20th January, 2015. Z Sdn Bhd paid for the goods on 20th February, 2015. In addition, customers that purchase more than 10,000 plastic containers per month are entitled to a discount of 6% on their purchases. D'Plastik Company reporting period is 30th April. How much revenue should D'Plastik Company recognized for the year ended 30 April 2015.

Reference no: EM132773088

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