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Alexis Inc. offers a discount on an extended warranty on its oPhone when the warranty is purchased at the time the oPhone is purchased. The

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Alexis Inc. offers a discount on an extended warranty on its oPhone when the warranty is purchased at the time the oPhone is purchased. The warranty normally has a price of $154, but Alexis offers it for $122 when purchased along with an oPhone. Alexis anticipates a 70% chance that a customer will purchase the extended warranty along with the oPhone. Assume Alexis sells to 1,000 oPhones with the extended warranty discount offer. What is the total stand-alone selling price that Alexis would use for the extended warranty discount option for purposes of allocating revenue among the performance obligations in those 1,000 oPhone contracts? Multiple Choice o O S32,000 o s12000 S122000 o so o S22 400

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