Wilson Links Products sells a product that involves two separate performance obligations: the SwingRight golf club...
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Wilson Links Products sells a product that involves two separate performance obligations: the SwingRight golf club weight and the SwingCoach teaching software. SwingRight has a stand-alone selling price of $245. Wilson sells both the SwingRight and the SwingCoach as a package deal for $390. The SwingCoach software is not sold separately. Wilson is aware that other vendors charge $290 for similar software, and Wilson's prices are generally 10% lower than what is charged by those vendors. Wilson estimates that it incurs approximately $160 of cost per copy of the software, and usually charges 50% above cost on similar products. Estimate the stand-alone selling price of the software using the adjusted market assessment approach. Multiple Choice $261 O $145 O $61 $80 Estimate the stand-alone selling price of the software using the expected cost plus margin approach. Multiple Choice $261.00 $145.00 $61.00 $240.00 Wilson Links Products sells a product that involves two separate performance obligations: the SwingRight golf club weight and the SwingCoach teaching software. SwingRight has a stand-alone selling price of $245. Wilson sells both the SwingRight and the SwingCoach as a package deal for $390. The SwingCoach software is not sold separately. Wilson is aware that other vendors charge $290 for similar software, and Wilson's prices are generally 10% lower than what is charged by those vendors. Wilson estimates that it incurs approximately $160 of cost per copy of the software, and usually charges 50% above cost on similar products. Estimate the stand-alone selling price of the software using the adjusted market assessment approach. Multiple Choice $261 O $145 O $61 $80 Estimate the stand-alone selling price of the software using the expected cost plus margin approach. Multiple Choice $261.00 $145.00 $61.00 $240.00
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Related Book For
Horngrens Financial and Managerial Accounting The Financial Chapters
ISBN: 978-0134486857
6th edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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