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Topic: Revenue Recognition Lawnclippers Inc. is offering a fall promotion to new customers signing a contract within the next two weeks. For a bundled price
Topic: Revenue Recognition Lawnclippers Inc. is offering a fall promotion to new customers signing a contract within the next two weeks. For a bundled price of $99, Lawnclippers will provide fall aeration, lawn overseeding and tree fertilization. The standalone selling price of each service sold separately is fall aeration \$69, lawn overseeding, \$20, and tree fertilization \$29. Allocate the transaction price to the three separate performance obligations, rounding your final answers to the nearest whole dollar. Allocated transaction prices are as follows: Fall Aeration =$58; Lawn Overseeding =$17; Tree Fertilization =$24 Fall Aeration =$69; Lawn Overseeding =$20; Tree Fertilization =$29 Fall Aeration =$33; Lawn Overseeding =$33; Tree Fertilization =$33 Fall Aeration =$82; Lawn Overseeding =$24; Tree Fertilization =$35 Fall Aeration =$55; Lawn Overseeding =$18; Tree Fertilization =$26
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