Burnette Tooling makes a small shop tool in warty june, the company started selling the new model of the tool to customers for $375. When a customer purchases the tool, Burnette gives the customer a coupon for 20% off any additional merchandise purchased with the next 45 days. Customer cannot obtain the coupon by any other means. Experience has shown Burnette that about 40% of the customers will use the coupon and the average purchase while using the coupon is $360. Normally, the tool sells for $436. During June, Burnette sold 800 new tools. Carry 3 decimals in all computations as needed, rounding to full dollars only on your final answer Provide to the following the the spaces provided, being sure to clearly identify your answer. Yellow highlight is a GREAT way to identify your answer AUST the performance obligations What is the transaction price for the 800 new tools sold appropriate locate the transaction price from over the performance obligations in A Prethe journal entry to recond this transaction On July 1, 2021, Matthews Promotion was contracted to run a point of sale marketing campaign for Kerl Stationers new writing instrument. In addition to getting a base fue of 150.000 for the year campaign, Matthew also may get an additional 15% of the base for as a bonus if sales level increased by 204 at the end of three years. Matthews currently lacki sufficient information to make a solid estimate of the likelihood of achieving the targeted increase. However, the lead marketing specialist indicates that if you forced me to make an estimate id say we have a 60/40 chance of meetin the target. But don't Quote me on that it's really too early to to Matthews concludes the contract qualities for revenice recognition over time and estimates variable consideration using that expected value method. How much revence should Matthews recognizes of December 11, 2012 $28.750 154,000 $26.875 127.250