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Check my work Accorsi & Sons specializes in selling and installing upscale home theater systems. On March 1, 2021, Accorsi sold a premium home theater
Check my work Accorsi & Sons specializes in selling and installing upscale home theater systems. On March 1, 2021, Accorsi sold a premium home theater package that includes a projector, set of surround speakers, and high quality leather seats, along with complete installation service, for $36,000. If sold separately, each of these goods or services would have cost $12,000 (projector), $9,500 (speakers), $14,500 (seats), and $4,000 (installation), respectively. Required: How much of the transaction price would be allocated to the projector, the speakers, the leather seats, and the installation service, assuming that each of these four parts of the contract is a separate performance pbligation? (Round the percentage values to 2 decimal places.) Projector Surround speakers Leather seats Installation service Transaction Price Check my work 25:45 ed Bria Furniture sells bed frames and mattresses. One of its products is a premium therapeutic bed set produced by OmniSleep, which comes with a mattress and a bed frame. Bria offers a package consisting of the mattress, the frame, and on-site installation by its staff. All of these components can be sold separately, as often done by other vendors, so Bria concludes that these are separate performance obligations. Bria sells the OmniSleep package for $4,600. The mattress and the frame are sold separately for $2,800 and $1,680, respectively. Other vendors in the same area typically charge $350 for on-site installation. Bria does not sell on-site installation separately. On average, the prices charged by Bria are 10% higher than those of its competitors. Bria estimates that it incurs about $120 of compensation and other costs to provide the installation service. The profit margin over cost is estimated to be approximately 30%. Required: (a) Estimate the stand-alone selling price of the installation service using the adjusted market assessment approach. (b) Estimate the stand-alone selling price of the installation service using the expected cost plus margin approach. (c) Estimate the stand-alone selling price of the installation service using the residual approach. k ces (a) Stand-alone selling price (b) Stand-alone selling price (c) Stand-alone selling price
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