J. Electronics offers its customers a $100 discount on the purchase of a table fan, when...
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J. Electronics offers its customers a $100 discount on the purchase of a table fan, when they buy a HP printer at the same time. The normal selling price of table fan is $600, (3 Marks) whereas HP printer is having a sale price of $1,000. Required: Allocate the transaction price to the separate performance obligations. Standalone price Product Percentage Allocated price J. Electronics offers its customers a $100 discount on the purchase of a table fan, when they buy a HP printer at the same time. The normal selling price of table fan is $600, (3 Marks) whereas HP printer is having a sale price of $1,000. Required: Allocate the transaction price to the separate performance obligations. Standalone price Product Percentage Allocated price
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The table fan would be allocated 100 or 10 of the transaction price while the HP printer would be al... View the full answer
Related Book For
Applied Statistics And Probability For Engineers
ISBN: 9781118539712
6th Edition
Authors: Douglas C. Montgomery, George C. Runger
Posted Date:
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