The online marketplace Artisane hosts jewellery designers who set their own prices, hold their own inventory and ship their orders; Artisane collects the price and deducts a commission of 12 % on each sale. According to the analysis given by the case, Artisane does not control the jewellery before it is transferred. During May 20X1, the sales made by the designers on the marketplace amount to 85,000. What revenue does Artisane recognise for May 20X1?
- Sales made by the designers
- 85,000
- Commission rate
- 12 %