Question: Problem 1 Nantinde sells NSwitch, a gaming console that allows users to play video games individually or in multiplayer environments over the internet. . NSwitch




Problem 1 Nantinde sells NSwitch, a gaming console that allows users to play video games individually or in multiplayer environments over the internet. . NSwitch bundle consists of the game console itself, a free game and a 3-year subscription of online multiplayer access for P20,000 each. . On January 1, 2020, UE entered into a contract with Nantinde to buy 100 consoles. It has a payment term of 2/10 n/30. . Nantinde sells its console separately at P17,000. Its games were being sold at an average price of P2,000. While an annual subscription is worth P2,000. . Nantinde estimates that customers are able to pay 70% of their due amount within 10 days which was also the case for UE. Nantinde delivered the 100 bundle on January 15, 2020.2. What is the estimated transaction price for the contract with UE
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