Question: Video Planet (VP) sells a big screen TV package consisting of a 60 inch plasma TV, a universal remote, and on-site Installation by VP stall.

Video Planet (VP) sells a big screen TV package consisting of a 60 inch plasma TV, a universal remote, and on-site Installation by VP stall. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment system. VP concludes that the TV remote, and installation service are separate performance obligations. VP sells the 60 inch TV separately for $2,000, sets the remote separately for $125, and offers the installation service separately for $375. The entire package sels for $2.400 Required: How much revenue would be allocated to the TV, the remote, and the Installation service (Do not round Intermediate calculations.) TV Tenue 5 CAT 8. 9 E R T T Y u P F I J K K L V C B N M

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