< > Chapter 6 Homework ezto.mheducation.com Saved - 88 Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 2 points 1 Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation by VP staff. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment system. VP concludes that the TV, remote, and installation service are separate performance obligations. VP sells the 60-inch TV separately for $2,080, sells the remote separately for $130, and offers the installation service separately for $390. The entire package sells for $2,500. Required: How much revenue would be allocated to the TV, the remote, and the installation service? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Item Description Allocated Revenue TV IS 2,082 Remote S 130 Installation S 390 Total revenue IS 2,602 Mc < Prev 1 of 5 Next > Graw Hill Return to question