Question: Thomas Consultants provided Bran Construction with assistance in implementin specifies that it will receive a flat fee of $54,000 and an additional $24,000 if Bra

 Thomas Consultants provided Bran Construction with assistance in implementin specifies that
it will receive a flat fee of $54,000 and an additional $24,000

Thomas Consultants provided Bran Construction with assistance in implementin specifies that it will receive a flat fee of $54,000 and an additional $24,000 if Bra savings. Thomas estimates that there is a 25% chance that Bran will achieve the Required: 1. Assuming Thomas uses the expected value as its estimate of variable cons 2. Assuming Thomas uses the most likely value as its estimate of variable con: 3. Assume Thomas uses the expected value as its estimate of variable consid lack of experience with similar consulting arrangements. Calculate the trans struction with assistance in implementing various cost-savings initiatives. Thomas's contract $54,000 and an additional $24,000 if Bran reaches a prespecified target amount of cost a 25% chance that Bran will achieve the cost-savings target. cted value as its estimate of variable consideration, calculate the transaction price. likely value as its estimate of variable consideration, calculate the transaction price. ted value as its estimate of variable consideration, but is very uncertain of that estimate due to a onsulting arrangements. Calculate the transaction price

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