Answer:
The question requirement relates to the amount of revenue to be recognized in year 2019 and 2020 respectively.
2019 Revenue is $66,667
2020 Revenue $13,333
Explanation:
The total price of $80,000 is split into $60,000 which is standalone price of the software and the balance relates of $20,000($80,000-$60,000) relates to technical support.
It is important to note that the selling price of software of $60,000 is due for recognition as revenue, while technical support fee of $20000 should be recognized on a progress basis,for each month the technical support has been rendered.
2019 Revenue
Software $60,000
Technical support($20000*2/6) $6,667
Total $66,667
2020 Revenue
($80,000-$66,667) $13,333
Answer: Core customer value
Explanation:
Core customer value could be seen as focusing on customers who basically buy your product and what can be done to keep them or improve services for them. Most manufactures are on the lookout on what their customers really want and how they can give it to them in a great manner which would also be affordable. Customers are gold, hence, when not treated well they can be lost to another manufacturer considering the competition of the market. Core customer value focuses on what better can the manufacturer offer the customer.
Answer:
3 year cliff
Explanation:
The most appropriate vesting schedule for Bardwell Manufacturing Inc is the 3 year cliff
It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>
Answer:$49,350
Explanation:
The total cost of direct labor for the month will be:= 940 units × 3.5 × $15= $49,350