tabyers1867 tabyers1867

12-06-2024
Business

Answered

On October 1st ,2022 Richer Co. sells home entertainment systems including a two-year repair and maintenance package for $10,000. Theprice of a home entertainment system without therepair and maintenance contract is $9,000and the price to renew a two-year maintenan cepackage is $2,000.

Required :
1. Howis the $10,000 contract price allocated to these parate performance obligations?

Answer :

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