Chapter 7 Homework Allocating Transaction Price to Performance Obligations Pet Lodge Inc, which offers day and overnight kennel services for pets is offering a promotion for new customers signing a contract purchase 3 veya 10 day pass punch can, and the customer as $45 for the overnight stay $75 for the punch card, and $10 for the leash Allocate the $130 transaction price under the following Note: Carry all decimals in calculations; round the final answer to the nearest dolar The three items overnight stays, day pass punch card and leash are sold separately by Pet Lodge inc. The standalone selling prices of the overnight stays day pass punch card Performance Obligations Overnight stay Price Price 10 Allocated Allocated rounded Price Stated Selling Transaction Price Price The three items overnight stays, day pass punch can and leash are sold separately by Pet Lodge The standaane sing prices of the overnight stay, de pe punch cant and wash and Performance Obligations Overnight stay 10 pa $130 The price 130 G Two of the three dems overnight stay and day pass punch cant are sold separately by Pet Lodge Inc. The standalone slings of the ght stays and day pan punch and are $45 and $75perty netop i the promotion Pet Lodge in determined the average saling price of samar teaches in the place to be $13 Performance Obligations Overnight stay 10 Transaction Standalone Selling Transaction Price Price has never sees pr of Two of the three nems (overnight stays and day pass punch cans are sold separately by Pet Lodge in The stane sing prices of the overnight stays and day pass punch and a 45 and 17% ply Pet Lagerthased the ashes for han expects a gross profit margin of 50% Allocated Transaction Standalone Performance Price Selling Price Obligations Overnight stay 10 Lean 01