How much of the total contract price to the subscription

Assignment Help Accounting Basics

Reference no: EM133920469

Problem

Main Company sells video streaming devices for $100. A one-year subscription to unlimited video streaming costs $150. Alternatively, customers can rent videos on demand or subscribe to a competing service. Get the instant assignment help. In an effort to boost December sales prior to the release of a second generation device, Main offers the device at a sharp discount. The discount specifically applies to the streaming device. If during December a customer purchases the streaming device with a 1-year subscription for $210, Main should allocate how much of the total contract price to the subscription of unlimited video streaming?

Reference no: EM133920469

Questions Cloud

Differentiate between book indexing and loose-leaf indexing : How would you use geographical files to improve your company's performance? Differentiate between book indexing and loose-leaf indexing.

Which contextual factors will promote getting your advocacy : Which contextual factors will promote getting your advocacy priority on the agenda? Which contextual factors might work against it?

Calculate the average debtors time-lag for the current year : It is anticipated that bad debts will be 2% of the total turnover for a credit term of one month. Calculate the average debtors' time-lag for the current year.

Explain what dose you would start the chosen medication : Explain what dose you would start the chosen medication with and the frequency. Discuss how the medication works to treat their symptoms. Explain how long

How much of the total contract price to the subscription : Main Company sells video streaming devices for $100. Main should allocate how much of the total contract price to the subscription of unlimited video streaming?

How is the derived tax revenue reported by the city : The City of Lincolnshire assesses a tax of 1 percent on all sales transactions. How is the derived tax revenue reported by the city?

In what month should the grant revenue be recognized : The money can be expended in August. The amount is actually spent in October. In what month should the grant revenue be recognized?

Why does issuing equity often cause a companys stock price : In 2016, Canadian companies issued more equity than ever before. Why does issuing equity often cause a company's stock price to decrease?

Research the health illness continuum : Research the health illness continuum and its relevance to patient care. examine the health illness continuum and discuss why this perspective is important t

User Account

All Pages