Question: please answer : Problem #6 - Allocate Transaction Price (15 Points) Meyer & Smith is a full-service technology company. They provide equipment, installation services as
Problem \#6 - Allocate Transaction Price (15 Points) Meyer \& Smith is a full-service technology company. They provide equipment, installation services as well as training. Customers can purchase any product or service separately or as a bundled package. Container Corporation purchased computer equipment, installation and training for a total cost of $190,000 on March 15,2018 . Estimated standalone fair values of the equipment, installation, and training are $125,000,$45,000, and $30,000 respectively. The transaction price allocated to equipment, installation and training is: - Round to 2 decimal places
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