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please answer the following two questions 18) Hopner Products enters into a contract with Tulles to sell three different products. The total transaction price is
please answer the following two questions
18) Hopner Products enters into a contract with Tulles to sell three different products. The total transaction price is $350,000. Each of the products is a separate performance obligation. Based on the information presented in the table, what is the allocated transaction price of product Z using the adjusted market assessment approach? (Round intermediary percentages to the nearest hundredth percent, and round your final answer to the nearest whole number.) A) $104,055 B) $116,286 C) $116,667 D) $90,000 19) Hopner Products enters into a contract with Tulles to sell three different products. The total transaction price is $370,000. Each of the products is a separate performance obligation. Based on the information presented in the table, what is the allocated transaction price of product Z using the expected-cost-plus-a-profit margin approach? (Round intermediary percentages to the nearest hundredth percent, and round your final answer to the nearest whole number.) A) $159,390 B) $94,868 C) $123,333 D) $185,000 Step by Step Solution
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