Pryor-Up Inc. contracts with a building manager to provide goods and services to enhance the energy efficiency. (Click the icon to view additional information.) Requirement What amount of the transaction price should Pryor-Up allocate to each performance obligation? (Enter percentages to one decimal place. X.X%. Round all amounts to the nearest whole dollar. If an input field is not used in the table, leave the field empty; do not select a label or enter a zero.) Percentage Standalone Performance Obigations Standalone Selling price Allocation of Fixed Selling Price to Total Price % Consideration Allocation of Current Year Variable Consideration Consideration Total Items Provided % Consulting Services 177000 % Total % More info - X It offers consulting services, including recommending ways to increase energy efficiency and monitor performance. It also provides items such as thermostats and automatic light switches as part of the contract. Pryor-Up charges 64% of the reduction in energy usage during the first year as a consulting fee. Pryor-Up determines that the consulting services comprise one performance obligation and the items provided are another performance obligation. The estimated standalone selling prices are $177,000 for the consulting services and $109,000 for the items to increase energy efficiency. The stated price in the contract for the items provided is a fixed payment of $58,000. The price stated for the consulting fees is 64% of the customer's reduction in future energy costs. Pryor-Up estimates that the customer will reduce its energy usage by $503,000. The customer's actual energy reduction is $546,000. Print Done