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(21,500-500 - 21:0) EN mission exp 50 2150 sales rev 21,500. COGS (20,000 + 2000)*60%. 13.2.0 inu Question 3-(B) Allocate transaction price --------- (5 Marks)

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(21,500-500 - 21:0) EN mission exp 50 2150 sales rev 21,500. COGS (20,000 + 2000)*60%. 13.2.0 inu Question 3-(B) Allocate transaction price --------- (5 Marks) Windows manufactures and sells custom storm windows for endlosed porches provides installation service for the windows The Installation process does e nvolve changes in the windows service can be provided by other enters into the following contract on June 1. 2018 with a local The customer purchases windows for a price of $35.00 and chooses to do the installation Jula charges the same price for the windows respective whether does the installation or not. The price of the installation service is m ed to have a fair value of $909. The customer pays Julia $3.000 (which us the value of the windows, which have a cost of $1700) upon delivery and b erontation of the windows. The windows are delivered on 1. 2011 Jula completes installation on September 15, 2018, and the t er pays the balance de Prepare the journal entries for Julia in 2018. (Round Cash 3000 Ale So need sense reue 35 June 1, 2018 no every useamed service nu wan exp senice

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