What the amount of sales revenue on august

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Reference no: EM132952783

Problem 1: Assume that a customer enrolls in AAA's Premier Membership, which provides 12 months of roadside assistance for P120. On August 1, 20x6, a customer purchases a contract that runs from that date through July 31, 20x7. Given that roadside assistance requests occur equally throughout the contract period, AAA uses "proportion of time" as its measure of progress toward completion. The amount of sales revenue on August 1?

a. Zero

b. P 120

c. P 10

d. P1,440

Problem 2: Using the same information in No. 1, the sales revenue on December 31 amounted to:

a. Zero

b. P 60

c. P 50

d. P120

Reference no: EM132952783

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