1 | Oven,installation and mainteance are the separate performace obligation since each item has standalone value | |||||||||
2 | Revenue allocated: | |||||||||
Fair value | % of total fair value | Total sales value | Revenue allocated | |||||||
a | b | a*b | ||||||||
Oven | 800 | 78.05% | 1000 | 780 | ||||||
Installation | (850-800) | 50 | 4.88% | 1000 | 49 | |||||
Maintenance | (975-800) | 175 | 17.07% | 1000 | 171 | |||||
1025 | 1000 | |||||||||
E6.18 (LO 6) (Allocation of Transaction Price) Appliance Centre is an experienced home appli- ance dealer....
Pearl Centre is an experienced home appliance dealer. Pearl Centre also offers a number of services together with the home appliances that it sells. Assume that Pearl Centre sells ovens on a stand- alone basis. Pearl Centre also sells installation services and maintenance services for ovens. However, Pearl Centre does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only Oven with installation service Oven with maintenance services...
E18.15 (LO 3) (Allocate Transaction Price) Appliance Center is an experience dealer. Appliance Center also offers a number of services for the home appliances that it sells. Assume that Appliance Center sells ovens on a standalone basis. Appliance Center also sells installation services and maintenance services for ovens. However, Appliance Center does not offer installation or mainte- nance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only Oven with installation service Oven...
Appliance Center is an experienced home appliance dealer. Appliance Center also offers a number of services for the home appliances that it sells. Assume that Appliance Center sells ovens on a standalone basis. Appliance Center also sells installation services and maintenance services for ovens. However, Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only $800 Oven with installation service 850 Oven with maintenance services...
Pronghorn Appliance Center is an experienced home appliance dealer. Pronghorn Appliance Center also offers a number of services for the home appliances that it sells. Assume that Pronghorn Appliance Center sells ovens on a standalone basis. Pronghorn Appliance Center also sells installation services and maintenance services for ovens. However, Pronghorn Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only $800 Oven with installation service...
Ayayai Appliance Center is an experienced home appliance dealer. Ayayai Appliance Center also offers a number of services for the home appliances that it sells. Assume that Ayayai Appliance Center sells ovens on a standalone basis. Ayayai Appliance Center also sells installation services and maintenance services for ovens. However, Ayayai Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only $790 Oven with installation service...
Name: Date: 1. Allocate transaction price. The Appliance Store is an experienced home appliance dealer. Appliance Store also offers a number of services together with the home appliances that it sells. Assume that Appliance Store sells dishwashers on a standalone basis. Appliance Store also sells installation services and maintenance services for dishwashers. However, Appliance Store does not offer installation or maintenance services to customers who buy dishwashers from other vendors. Pricing for dishwashers is as follows. Dishwasher only Dishwasher with...
Current Attempt in Progress Indigo Appliance Center is an experienced home appliance dealer. Indigo Appliance Center also offers a number of services for the home appliances that it sells. Assume that Indigo Appliance Center sells ovens on a standalone basis. Indigo Appliance Center also sells installation services and maintenance services for ovens. However, Indigo Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only Oven...
Exercise 18-15 b Appliance Center is an experienced home appliance dealer. Appliance Center also offers a number of services for the home appliances that it sells. Assume that Appliance Center sells ovens on a standalone basis. Appliance Center also sells installation services and maintenance services for ovens. However, Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only Oven with installation service Oven with maintenance...
Nash Appliance Center is an experienced home appliance dealer. Nash Appliance Center also offers a number of services for the home appliances that it sells. Assume that Nash Appliance Center sells ovens on a standalone basis. Nash Appliance Center also sells installation services and maintenance services for ovens. However, Nash Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only $780 Oven with installation service...
Swifty Appliance Center is an experienced home appliance dealer. Swifty Appliance Center also offers a number of services for the home appliances that it sells. Assume that Swifty Appliance Center sells ovens on a standalone basis. Swifty Appliance Center also sells installation services and maintenance services for ovens. However, Swifty Appliance Center does not offer installation or maintenance services to customers who buy ovens from other vendors. Pricing for ovens is as follows. Oven only $800 Oven with installation service...