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Universal Containers (UC) has set the CPQ package settings of both Subscription Term Unit and Subscription Prorate Precision to Month. UC wants to quote a Fixed Price Subscription Product with a start Date of June 18, 2019 and an End Date of August 21, 2020. The Product record has a Subscription Term of 12, a Pricing Method of List, and a Pricebook Entry of USD 100 What is the Prorated List Unit Price for the Quote Line?
Correct Answer: B
Recent Comments (The most recent comments are at the top.)
Rohit Ghotkar - Aug 25, 2022
Subscription Term = 12 Start Date: June 18, 2019 End Date: August 21, 2020. Total Months and days: 14 Months 4 days Note: Here we have to round it to 15 months because 3 days are more. Hence, Calculation will become Prorate Multiplier: 15/12 = 1.25 (Per Unit) 1.25 * 100 = 125 Hence, the Answer is A
Asma - Jun 29, 2022
B is correct answer since Subscription Prorate Precision is Month so 100 *14/12 = 116.67
Shubhabrata Dutta - May 24, 2022
Correct Answer: B
The answer should be 116.67 as we need to prorate for 2 more months
Charlie - Oct 01, 2021
1 year + 2 months + 4 days => 1 year 3 months => 1.25* USD 100 = 125. So A.
Recent Comments (The most recent comments are at the top.)
Subscription Term = 12
Start Date: June 18, 2019
End Date: August 21, 2020.
Total Months and days: 14 Months 4 days
Note: Here we have to round it to 15 months because 3 days are more.
Hence, Calculation will become
Prorate Multiplier: 15/12 = 1.25 (Per Unit)
1.25 * 100 = 125
Hence, the Answer is A
B is correct answer since Subscription Prorate Precision is Month so 100 *14/12 = 116.67
Correct Answer: B
The answer should be 116.67 as we need to prorate for 2 more months
1 year + 2 months + 4 days => 1 year 3 months => 1.25* USD 100 = 125. So A.