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SAY. Write your answer in the space provided or on a separate sheet of paper. Use this information to answer the following questions: Beaumont Company enters into a contract to p rovide a high quality diving-certfication preparation package, including goggles, snorkels, air tanks, fins, a wetsuit, and 5 private lessons to get ready for diving certifications. The entire package sells for $2,500. 46) Typically, Beaumont incurs $375 on compensation and other costs to providethe private lessons, and earns an average of 40% profit over cost on service offerings. Required: Assuming that the diving equipment and the certification lessons are separate performance obligations, estimate the stand-alone selling price of the certified lessons based on the expected cost plus margin approach