What amount of revenue recognised in relation to database

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TopTel Co provides a bundled-service package to J. Willis for $2000 upfront. The service package includes: i) upfront advice; ii) 'on-call' advice; and iii) database access for a 1-year period. If each service was sold separately to J. Willis the fees would be: i) Up-front advice: $400; ii) On-call advice: $1800; iii) Database access: $600.

Question 1: Using the relative fair value approach, the amount of revenue recognised in relation to the database access is (rounded to the nearest whole dollar)

Reference no: EM132601796

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