Hopner Products enters into a contract with Tulles to sell three different products. The total transaction...

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Hopner Products enters into a contract with Tulles to sell three different products. The total transaction price is $310,000.

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Answer 1

Answer #1

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Option B.$97,154 is Correct Answer

Product	Market competitor prices	Percentage of total

X	$110,000.00	32.84%
Y	$120,000.00	35.82%
Z	$105,000.00	31.34%
Total	$335,000.00	100.00%

Allocated transaction price of product Z = 310000 * 31.34% = 97,154

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Answer 2

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