Chapter 18, Problem 4E

To determine

Performance obligation: Performance obligation means a promise to transfer goods or services. It can be for a single or multiple goods or services.

Multiple performance obligations: There can be multiple performance obligations when a company promises to transfer individual goods or services or a combination of goods or services.

(a)

To identify: To identify the performance obligations and the revenue for2017, assuming that performance obligations are interdependent.

Given information: All the information related to M Company is provided in the question document.

To determine

(b)

To identify: To identify the performance obligations and the revenue.

Given information: All the information related to M Company is provided in the question document.