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7. A company enters into a contract to supply three distinct products to a customer. The promise to supply each of these products is regarded
7. A company enters into a contract to supply three distinct products to a customer. The promise to supply each of these products is regarded as a separate performance obligation. The stand- alone prices of the three products (if sold singly) are: Product X 12,500 Product Y 24,000 Product Z 27,500 The agreed contract price is 57,600. How should this price be allocated to performance obligations? A. Product X 11,250, Product Y 21,600, Product Z 24,750 B. Product X 19,200, Product Y 19,200, Product Z 19,200 C. Product X 12,500, Product Y 24,000, Product Z 27,000 D. Product X 10,367, Product Y 21,867, Product Z 25,366
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