10 Does 10 5 You received no creak for W Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation by VP staff. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment system VP concludes that the TV, remote, and installation service are separate performance obligations VP sells the 60-inch TV separately for $1,950 and sells the remote separately for $200, and offers the entire package for $2,300 VP does not sell the installation service separately V is aware that other similar vendors charge $250 for the installation service. VP also estimates that ncurs approximately $200 of compensation and other costs for VP staff to provide the installation service. VP typically charges 30% above cost on similar sales Required: 1. to 3. Calculate the stand-alone selling price of the installation service using each of the following approaches Stand-Alone Selling i Price Adjusted market assessment S Expected cost plus margin Residual 1,950 View previous emp Check my work