12. NOL.A sells computers and provides hardware maintenance services. On April I st, NOLA sold...
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12. NOL.A sells computers and provides hardware maintenance services. On April I st, NOLA sold a package deal containing a computer and a one-year unlimited maintenance/repair service for the computer at a bundle price of $1,000. If sold separately, the computer costs $840 and the one-year unlimited maintenance/repair service costs $360. Requirement 1: How many performance obligations are in this contract? Requirement 2: How much revenue does NOLA recognize for the month ended April 30th, assuming that revenue is acerued monthly? Show your work
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