Sandhill Company sells tablet PCs combined with Internet service, which permits the tablet to connect to...

Sandhill Company sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and set up a Wi-Fi hot spot. It offers two bundles with the following terms.

1.		Sandhill Bundle A sells a tablet with 3 years of Internet service. The price for the tablet and a 3-year Internet connection service contract is $469. The standalone selling price of the tablet is $230 (the cost to Sandhill Company is $157). Sandhill Company sells the Internet access service independently for an upfront payment of $292. On January 2, 2020, Sandhill Company signed 100 contracts, receiving a total of $46,900 in cash.
2.		Sandhill Bundle B includes the tablet and Internet service plus a service plan for the tablet PC (for any repairs or upgrades to the tablet or the Internet connections) during the 3-year contract period. That product bundle sells for $574. Sandhill Company provides the 3-year tablet service plan as a separate product with a standalone selling price of $145. Sandhill Company signed 220 contracts for Sandhill Bundle B on July 1, 2020, receiving a total of $126,280 in cash.

Expert Solution

ekkarill92 answered 2 years ago

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