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How do i get around this? I do not know how to do part A B or C Problem 1: Allocation of Transaction Price Requirements:

How do i get around this? I do not know how to do part A B or C

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Problem 1: Allocation of Transaction Price Requirements: Assume the following information for each independent scenario below. Pinocchio Woodworks signs a contract to provide three different products to a customer for a total transaction price of $325,000. Each product represents a separate performance obligation. Pinocchio only sells two of the three products on an individual basis. However, the company has information on the similar products offered by competitors as well as its own cost. The information about these three products is provided in the following table. Product Standalone Selling Price Market Competitor's Price Forecasted Cost Carved Ship $87,500 $66,500 $60,000 Carved Whale 150,000 156,000 125,000 Custom stand Not Available 100,000 65,000 Total $322,500 $250,000 A. Allocate the transaction price using the adjusted market assessment approach. B. Allocate the transaction price using expected-cost-plus-amargin approach. C. Allocate the transaction price using the residual approach

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