Allocating a Transaction Price

Seven Flags Park offers a promotion for free parking to customers who purchase a one day pass to enjoy thrill rides at its park plus two meal vouchers for a total of $$80.$ Seven Flags sells each of the contract promises separately during the same timeframe for the following standalone prices: Day pass $=$ $$45,$ Parking $=$ $$20,$ and Two meal vouchers $=$ $$35.$ Compute the allocated transaction price of the day pass, two meals, and parking for Seven Flags assuming the sale of $500$ promotional packages on July $15.$

Transaction Standalone Selling Total Allocated

Performance Price Selling Price Transaction Price

Obligations as Stated Price Ratio

Numerator Denominator

Day passes $-$:

Two meals $-$:

Parking $-$: