A contract includes the sale of the following bundle of three products for a total of $75.
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A contract includes the sale of the following bundle of three products for a total of $75. Two of the products have standalone selling prices of $25 and $40. The third product doesn't have a standalone price. If the company uses the residual approach to estimating the standalone price of the third product, that estimate would be ________.
Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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