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Creative Computing sells a tablet computer called the Protab. The $ 9 2 0 sales price of a Protab Package Includes the following: One Protab

Creative Computing sells a tablet computer called the Protab. The $920 sales price of a Protab Package Includes the following:
One Protab computer.
A 6-month IImited warranty. Thls warranty guarantees that Creatlve will cover any costs that arlse due to repairs or replacements
associated with defective products for up to six months.
A coupon to purchase a Creative Probook e-book reader for $400, a price that represents a 50% discount from the regular Probook
price of $800. It is expected that 25% of the discount coupons will be utilized.
A coupon to purchase a one-year extended warranty for $45. Customers can buy the extended warranty for $80 at other times if
they do not use the $45 coupon. Creatlve estimates that 30% 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 $900.
Required:
& 2. Indicate below whether each Item is a separate performance obligation and allocate the transaction price of 90,000 Protab
Packages to the separate performance obligations In the contract.
Prepare a journal entry to record sales of 90,000 Protab Packages.
Complete this question by entering your answers in the tabs below.
Indicate below whether each item is a separate performance obligation and allocate the transaction price of 90,000 Protab
Packages to the separate performance obligations in the contract.
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