Answer:
The correct answer is $12,060.
Explanation:
According to the scenario, the given data are as follows:
Varga tech total revenue = $18,0000
Contract date = May.1, 2021
So, remaining months in completion of 2021 = May - Dec = 8 months
So, we can calculate the Varga revenue by using following method:
Varga revenue in 2021 = Total revenue × Remaining month ÷ Total months
By putting the value, we get
Varga revenue = $18,000 × 8 ÷ 12
= $18,000 × 0.67
= $12,060
