Modine Homes Inc. enters into a contract to design and build a cabana and pool for a

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Modine Homes Inc. enters into a contract to design and build a cabana and pool for a customer. Modine will design the cabana and pool and is responsible for the overall management of the project. The project includes providing the customer with a design and a plan for implementing and executing the design. The project also includes getting the site ready, excavation for the pool, construction, plumbing, electrical, and all other services needed to complete the project. Modine is in the business of managing full projects but also sells all of these goods and services on an individual basis. How many performance obligations will Modine have with respect to the cabana and pool project?
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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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