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If a company sells two or more products or services under the same sales agreement for one lump-sum price but the performance on each product

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If a company sells two or more products or services under the same sales agreement for one lump-sum price but the performance on each product occurs at a different point in time: The sales price must be reported as revenue at the same time. The sales price must be allocated to each product or service and recognized for revenue when appropriate. The cost of all the products and services in bundle must be allocated to cost at the same time. None of the above

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