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Exercise 6-3 (Static) Allocating transaction price [LO6-4] Video Pisnet (VP) sells a big screen TV package consisting of a 60 -inch plasma TV, a universal

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Exercise 6-3 (Static) Allocating transaction price [LO6-4] Video Pisnet (VP) sells a big screen TV package consisting of a 60 -inch plasma TV, a universal remote, and on-site installation by VP stath. The instalation includes programming the remote to hive the TV interface with other parts of the custamer's home entertainmont system. VP concludes that the TV, remote, and installation service are separate performance colligations. VP sells the 60 inch TV separately for $1,700, sells the remote separately for $100, and oflers the instaliation service separately for $200. The entire packoge sells for $1,900 Bequired: How much revenue would be aliocaled to the TV, the remote, and the instaliation service? Note: Do not round intermediate calculations. Answer is complete but not entirely correct

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