Which of the following is an example of a variable consideration? A. John is exp
ID: 2329997 • Letter: W
Question
Which of the following is an example of a variable consideration? A. John is expected to receive $100 for his tutoring services provided that he keeps of his hours B. Melody’s Piano will get paid for the 50 pianos sold provided that the pianos are non-defective after the customer takes control C. Cantankerous computers gets paid a base amount for every repair plus additional hourly fee of &10 D. Excellent Electronics has a 10% mail-in rebate program for the Model x-001 speaker system. The company sold $10,000 worth of systems and believes there is a 50% chance that rebates will be redeemed Which of the following is an example of a variable consideration? A. John is expected to receive $100 for his tutoring services provided that he keeps of his hours B. Melody’s Piano will get paid for the 50 pianos sold provided that the pianos are non-defective after the customer takes control C. Cantankerous computers gets paid a base amount for every repair plus additional hourly fee of &10 D. Excellent Electronics has a 10% mail-in rebate program for the Model x-001 speaker system. The company sold $10,000 worth of systems and believes there is a 50% chance that rebates will be redeemed A. John is expected to receive $100 for his tutoring services provided that he keeps of his hours B. Melody’s Piano will get paid for the 50 pianos sold provided that the pianos are non-defective after the customer takes control C. Cantankerous computers gets paid a base amount for every repair plus additional hourly fee of &10 D. Excellent Electronics has a 10% mail-in rebate program for the Model x-001 speaker system. The company sold $10,000 worth of systems and believes there is a 50% chance that rebates will be redeemedExplanation / Answer
Excellent Electronics has a 10% mail-in rebate program for the Model x-001 speaker system. The company sold $10,000 worth of systems and believes there is a 50% chance that rebates will be redeemed is an example of a variable consideration Option D is correct
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