Answer:
$835
Explanation:
Calculation for the amount of revenue that Minarski Electronics recognize
First step is to find the Total cost amount if sold separately
Total cost if sold separately = 984+ 216
Total cost if sold separately= 1200
Second step is to find the Percentage of computer
Percentage of Computer = 984/1,200
Percentage of Computer = 0.82
Percentage of Computer =82%
Third step is to find the Percentage of maintenance
Percentage of maintenance = 216/1,200
Percentage of maintenance=0.18*100
Percentage of maintenance=18%
Next step is to calculate for the Revenue to be recognized for both computer and Maintenance service costs
Computer Revenue= 1,000 * 82%
Computer Revenue= 820
Maintenance service costs revenue =(18% * 1,000)/12
Maintenance service costs revenue =180/12
Maintenance service costs revenue =15
Last step is to find the Total amount to be recognized
Total amount to be recognized = 820 + 15
Total amount to be recognized=$835
Therefore the amount of revenue that Minarski Electronics will recognize is $835
