Question: determine the additional revenue arising from modifications. determine the blended price. XXVI - Contract Modification: Separate Performance Obligation Asia Brewery (AB) Corp. has a contract

 determine the additional revenue arising from modifications.determine the blended price. XXVI
  1. determine the additional revenue arising from modifications.
  2. determine the blended price.

- Contract Modification: Separate Performance Obligation Asia Brewery (AB) Corp. has a

XXVI - Contract Modification: Separate Performance Obligation Asia Brewery (AB) Corp. has a contract to sell 120,000 products to a customer for P108 million (P900 per product) at various points in time over a six-month period. After 72,000 products have been delivered, AB Corp. modifies the contract by promising to deliver 24,000 more products for an additional P20.52 million, or P855 per product (which is the standalone selling price of the products at the time of the contract modification). AB regularly sells the products separately

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