How much revenue should be recognized by the crane lawns

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Over the winter months, Crane Lawns Co. pre-sells fertilizing and weed control lawn services to be performed from May through September, inclusive. If payment is made in full by April 1, a 5% discount is allowed. In March, 310 customers took advantage of the discount and purchased the summer lawn service package for $780 each. In June, 240 customers purchased the package for $690, and in July, 80 purchased it for the same price. For customers who pay after May 1, service starts in the month the customer makes the payment.

Problem 1: How much revenue should be recognized by the Crane Lawns Co. in each of the months of March, April, May, June, July, August, and September? (Round answers to 0 decimal places, e.g. 5,275.)

Reference no: EM132659925

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