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The Rink offers annual $ 1 5 0 memberships that entitle members to unlimited use of Ice - skating facilitles and locker rooms. Each new
The Rink offers annual $ memberships that entitle members to unlimited use of Iceskating facilitles and locker rooms. Each new membership also entitles the member to recelvefen off a $ meal" coupons that are redeemable at the RInk's snack bar. The Rink estimates that approximately of the coupons will be redeemed, and that, If the coupons weren't redeemed, $ meals still would be discounted by because of ongoing promotions.
Requlred:
Calculate how much of the transaction price should be allocated to each performance obligation In the contract. Round your answer to decimal places.
tableTransaction priceMealIceskating facilities and locker rooms,
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