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Orange Incorporated offers a discount on an extended warranty on its oPhone when the warranty is purchased at the time the ophone is purehased. The

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Orange Incorporated offers a discount on an extended warranty on its oPhone when the warranty is purchased at the time the ophone is purehased. The warranty normally has a pilce of $142, but Orange offers it for $116 when purchased along with an ophone, Orange anticlpates a 70% chance that a custorner will purchase the extended warranty along with the ophone. Assume Orange sells to 1,000 ophones with the extended warranty discount offec 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 controcts? Multiple Croke $18,200 $26,000 50 $156,000

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