The Oriole Store is an experienced home appliance dealer. Oriole Store also offers a number of services together with the home appliances that it sells. Assume that Oriole Store sells dishwashers on a standalone basis. Oriole Store also sells installation services and maintenance services for dishwashers. However, Oriole Store does not offer installation or maintenance services to customers who buy dishwashers from other vendors. Pricing for dishwashers is as follows:

Dishwasher only $1,190 Dishwasher with installation service $1,310 Dishwasher with maintenance services $1,430 Dishwasher with installation and maintenance services $1,500

In each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $280. Additionally, the incremental amount charged by Oriole Store for installation approximates the amount charged by independent third parties. Dishwashers are sold subject to a general right of return. If a customer purchases a dishwasher with installation and/or maintenance services, in the event Oriole Store does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $1,190.

1. Calculate the amount of revenue to allocate
2. Prepare the necessary journal entry :)

The Oriole Store is an experienced home appliance dealer. Oriole Store also offers a number of services together with the home appliances that it sells. Assume that Oriole Store sells dishwashers on a standalone basis. Oriole Store also sells installation services and maintenance services for dishwashers. However, Oriole Store does not offer installation or maintenance services to customers who buy dishwashers from other vendors. Pricing for dishwashers is as follows: In each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $280. Additionally, the incremental amount charged by Oriole Store for installation approximates the amount charged by independent third parties. Dishwashers are sold subject to a general right of return. If a customer purchases a dishwasher with installation and/or maintenance services, in the event Oriole Store does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $1,190. Calculate the amount of the revenue to allocate to the dishwasher, the installation, and the maintenance contract. (Round answers to 0 decimal places, e.g. 5,275.) Dishwasher \$ Installation Prepare the necessary journal entry for the Oriole. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account titles and enter O for the amounts.) The Oriole Store is an experienced home appliance dealer. Oriole Store also offers a number of services together with the home appliances that it sells. Assume that Oriole Store sells dishwashers on a standalone basis. Oriole Store also sells installation services and maintenance services for dishwashers. However, Oriole Store does not offer installation or maintenance services to customers who buy dishwashers from other vendors. Pricing for dishwashers is as follows: In each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $280. Additionally, the incremental amount charged by Oriole Store for installation approximates the amount charged by independent third parties. Dishwashers are sold subject to a general right of return. If a customer purchases a dishwasher with installation and/or maintenance services, in the event Oriole Store does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $1,190. Calculate the amount of the revenue to allocate to the dishwasher, the installation, and the maintenance contract. (Round answers to 0 decimal places, e.g. 5,275.) Dishwasher \$ Installation Prepare the necessary journal entry for the Oriole. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account titles and enter O for the amounts.)