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Midterm Exam Seved 4263AW262F%252Films.mheducation.com%252Fmghmiddlewar Help Save & Exit Submit 3 Orange Inc. offers a discount on an extended warranty on its oPhone when the

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Midterm Exam Seved 4263AW262F%252Films.mheducation.com%252Fmghmiddlewar Help Save & Exit Submit 3 Orange Inc. offers a discount on an extended warranty on its oPhone when the warranty is purchased at the time the oPhone is purchased. The warranty normally has a price of $152, but Orange offers it for $121 when purchased along with an oPhone. Orange anticipates a 80% chance that a customer will purchase the extended warranty along with the oPhone. Assume Orange sells to 1,000 oPhones with the extended warranty discount offer What is the total stand-alone selling price that Orange would use for the extended warranty discount option for purposes of allocating revenue among the performance obligations in those 1,000 oPhone contracts? 7 points 00 025112 Multiple Choice $24,800 $121,000 50 $31,000 Update

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