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Electro Corp sells a refrigerator and a freezer as a single package for $1,060. Other data are in the chart below. Refrigerator Fullminussize Freezer Packaged
Electro Corp sells a refrigerator and a freezer as a single package for $1,060.
Other data are in the chart below.
Refrigerator | Fullminussize Freezer | Packaged Price | |
Selling price | $860 | $400 | $1,060 |
Manufacturing cost per unit | $600 | $250 | |
Standminusalone product revenues | $1,290,000 | $900,000 |
Using the standalone method with selling price as the weight for revenue allocation, what amount will be allocated to the refrigerator? (Do not round any intermediary calculations.)
A. $336.51
B.$530.00
C. $723.49
D. $860.00
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