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the answer is not 160,000 Brunetti Company designed and installed customized signs for Di Antonio CPA, Incorporated Brunettis contract specifies that it will receive a
the answer is not 160,000
Brunetti Company designed and installed customized signs for Di Antonio CPA, Incorporated Brunettis contract specifies that it will receive a flat fee of $150,000 for providing the customized signs, and an additional $10,000 if 30% of Di Antonio's new customers indicate they first leamed of Di Antonio because of the signs. Based on historical experience, Brunetti estimates that there is a 90% chance it will achieve the threshold to receive a bonus, Required: Assuming Brunetti determines transaction price as the "expected value" of the variable consideration, what would be the appropriate transaction price for this contract Step by Step Solution
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