Question
Bella Pool Company sells prefabricated pools that cost $100,000 to customers for $180,000. The sales price includes an installation fee, which is valued at $25,000.
Bella Pool Company sells prefabricated pools that cost $100,000 to customers for $180,000. The sales price includes an installation fee, which is valued at $25,000. The fair value of the pool is $160,000. The installation is considered a separate performance obligation and is expected to take 3 months to complete. The transaction price allocated to the pool and the installation is
| $155,676 and $24,324 respectively | ||
| $160,000 and $25,000 respectively | ||
| $180,000 and $25,000 respectively | ||
| $138,378 and $21,622 respectively |
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Audit Function Strategy Driving Audit Value The Best Practice Strategy Guide For Maximising The Audit Added Value At The Internal Audit Function Level Volume 1
Authors: Hans Beumer
1st Edition
3906861139, 978-3906861135
