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Patterson Hotdogs and Grill normally sells hotdogs for $ 2 . 0 0 but also sells t - shirts with the name of the business
Patterson Hotdogs and Grill normally sells hotdogs for $ but also sells shirts with the name of the business and its logo prominently displayed for $ The shirts haven't been selling that well lately, so Patterson has decided to a combination of the tshirt for $ with a free hot dog. Donovan buys the combination of the shirt and hot dog for $ in cash. How should Patterson account for the transaction? Hint: Allocate based on standalone selling price
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