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#7 3 points) Brunetti Co. designed and installed customized signs for Di Antonio CPA, Inc. Brune contract specifies that it will receive a flat fee

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#7 3 points) Brunetti Co. designed and installed customized signs for Di Antonio CPA, Inc. Brune contract specifies that it will receive a flat fee of $150,000 for providing the customized signs, and an additional $10,000 if 30% of Di Antonio's new customers indicate they first learned of Di Antonio because of the signs. Based on historical experience, Brunetti estimates that there is a 90% chance it will achieve the threshold to receive a bonus. Assuming Brunetti uses the most likely value to estimate the variable consideration, calculate the transaction price. NOTE: Because I addressed the most likely approach in the previous problem; THIS IS THE ANSWER TO THIS PART OF THIS QUESTION: Based on the most likely amount, the transaction price is $150,000+ $10,000 = $160,000, because there is a greater chance of receiving the bonus than not receiving it. Question to Answer Here: Assuming Brunetti determines transaction price as the "expected value of the variabl consideration, what would be the appropriate transaction price for this contract

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