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Blossom Company sells lap lane pools that cost $52600 to customers for $125200. The sales price includes an installation fee, which is valued at $19300.
Blossom Company sells lap lane pools that cost $52600 to customers for $125200. The sales price includes an installation fee, which is valued at $19300. The fair value of the pool is $102800. 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 $87842 and $14958, respectively. $102800 and $19300, respectively. $105410 and $19790, respectively. $125200 and $19300, respectively
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