$($Click the icon for the standalone selling prices.$)$

$($Click the icon to view additional information.$)$

Requirement

How should Bryce Party allocate the transaction price to each product?

How is each product allocated?

Balloons

Standalone selling price

Cake

Standalone selling price

Musical Entertainment

Contract discount on standalone selling price

Hosting

Contract discount on standalone selling price the "Percentage of Standalone Selling Price" cells empty, do not enter a zero.$)$

$\backslash$table$[[$Equipment$,\backslash$table$[[$Percentage of$],[$Standalone$],[$Selling Price$]],\backslash$table$[[$Allocation of$],[$Transaction$],[$Price$]]],[$Balloons$,\%,],[$Cake$,\%,49],[$Musical Entertainment,$\%,],[$Hosting$,\%,],[$Total$,,]]$

More info

Bryce Party also regularly bundles musical entertainment and hosting together for $$167.$ Bryce Party signs a contract with a customer to provide balloons, a cake, musical entertainment and hosting a party for $$296.$ Bryce Party determines that each product is a separate performance obligation.

Data table

standalone sellin

standalone sellin

ch product. $($Enter

ells empty; do no

Allocation of

Transaction

Price

$\backslash$table$[[$Item$,\backslash$table$[[$Standalone$],[$Selling Price$]]],[$Balloons$,$$$,80$