TopTel Co provides a bundled-service package to J. Willis for $2 500 upfront. The service...
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Accounting
TopTel Co provides a bundled-service package to J. Willis for $2 500 upfront. The service package includes: upfront advice on-call advice database access for a 1-year period. If each service was sold separately to J. Willis the fees would be:
Up-front advice: $550
On-call advice: $2 000
Database access: $600
The revenue that would be recorded by TopTel Co at the commencement of the agreement is (rounded to the nearest whole dollar):
a. $437. b. $677. c. $714. d. $286.
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