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A product and service are bundled together and sold to customers for $450. The fair values of the product and service are $350 and $150

A product and service are bundled together and sold to customers for $450. The fair values of the product and service are $350 and $150 respectively. Under the residual method, how much would be allocated to the product?

$150.00

$300.00

$388.89

$350.00

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