GameDay sells recreational vehicles along with secure parking storage to customers. GameDay sells the FB7 model for

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GameDay sells recreational vehicles along with secure parking storage to customers. GameDay sells the FB7 model for $ 62,000, and this price includes one year of secure parking storage. GameDay also sell secure parking storage separately for $ 8,000 per year, and customers can purchase the FB7 model without secure parking storage for $ 60,000. If a customer purchases the FB7 model with secure parking storage, how should GameDay allocate the transaction price?
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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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