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12-05-2024
Business

Answered

Blossom Company sells prefabricated pools that cost $84500 to customers for $152100. The sales price includes an installation fee, which is valued at $22000. The fair value of the pool is $131100. The installation is considered a separate performance obligation and is expected to take 3 months to complete. What is the transaction price allocated to the pool and the installation respectively?

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