Buckridge Car Services provides maintenance services for motorized vehicles. In January 2023, Buckridge had a customer...
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Buckridge Car Services provides maintenance services for motorized vehicles. In January 2023, Buckridge had a customer pay $450 for a new set of tires with rotating and balancing services for the life of the tires. When a customer purchases goods or services in excess of $300, Buckridge gives the customer a 30% discount coupon for future purchases made in the next three months. Buckridge estimates that approximately 70% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $200. If sold separately, the tires would sell for $400 and the rotating and balancing services would have cost $100. How much of the $450 sales price should be allocated to the tires, the rotating and balancing services and the coupon? (Round to the nearest cent) 16 points] Tires: $ Rotating and Balancing Services: $ Coupon: So Buckridge Car Services provides maintenance services for motorized vehicles. In January 2023, Buckridge had a customer pay $450 for a new set of tires with rotating and balancing services for the life of the tires. When a customer purchases goods or services in excess of $300, Buckridge gives the customer a 30% discount coupon for future purchases made in the next three months. Buckridge estimates that approximately 70% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $200. If sold separately, the tires would sell for $400 and the rotating and balancing services would have cost $100. How much of the $450 sales price should be allocated to the tires, the rotating and balancing services and the coupon? (Round to the nearest cent) 16 points] Tires: $ Rotating and Balancing Services: $ Coupon: So
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Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
Posted Date:
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