Question: Question: Compute for the allocated transaction price assuming that there are only 2 performance obligations and the stand-alone selling price of the first obligation is

Question: Compute for the allocated transaction price assuming that there are only 2 performance obligations and the stand-alone selling price of the first obligation is three times as much as the stand-alone selling price of the second obligation. Requirements: A. What is the allocated transaction price of performance obligation 1 & 2 assuming the transaction price is 424,650? B. What is the allocated transaction price of performance obligation 1 & 2 assuming the transaction price is 23,980

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