Business, 13.11.2019 01:31 queenskyyt
Bella pool company sells prefabricated pools that cost $100,000 to customers for $180,000. the sales price includes an installation fee, which is valued at $25,000. the fair value of the pool is $160,000. the installation is considered a separate performance obligation and is expected to take 3 months to complete. the transaction price allocated to the pool and the installation is:
(a) $155,676 and $24,324 respectively
(b) $160,000 and $25,000 respectively
(c) $180,000 and $25,000 respectively
(d) $138,378 and $21,622 respectively
Answers: 2
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Bella pool company sells prefabricated pools that cost $100,000 to customers for $180,000. the sales...
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