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Creative Computing sells a tablet computer called the Protab. The $ 7 4 0 ?sales price of a Protab Package Includes the following: One Protab

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Creative Computing sells a tablet computer called the Protab. The $740 ?sales price of a Protab Package Includes the following:
One Protab computer.
A 6-month limited warranty. This warranty guarantees that Creative will cover any costs that arise due to repairs or replacements assoclated with defective products for up to six months.
A coupon to purchase a Creative Probook e-book reader for $450, ?a price that represents a 40% ?discount from the regular Probook price of $750. ?It is expected that 20% ?of the discount coupons will be utllized.
A coupon to purchase a one-year extended warranty for $65. ?Customers can buy the extended warranty for $90 ?at other times if they do not use the $65 ?coupon. Creative estimates that 40% ?of customers will purchase an extended warranty.
Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the option to purchase an extended warranty, but estimates that If it did so, ?a Protab alone would sell for $720
Required:
& 2 ?Indicate below whether each item is a separate performance obligation and allocate the transaction price of 100,000 ?Protab Packages to the separate performance obligations in the contract.
Prepare a Journal entry to record sales of 100,000 ?Protab Packages.
Complete this question by entering your answers in the tabs below.
Req 1 ?and 2
Indicate below whether each item is a separate performance obligation and allocate the transaction price of 100,000 ?Protab Packages to the separate performance obligations in the contract.
\table[[Item Description,\table[[Performance],[Obligation?]],Stand-Alone Price,\table[[Percentage of Total],[Stand-Alone Price]]],[Protab tablet,,,?bar(0)
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