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Video Planet (VP) sells a big screen TV package consisting of a 60 -inch plasma TV, a universal remote, and on-site installation by VP system.

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Video Planet (VP) sells a big screen TV package consisting of a 60 -inch plasma TV, a universal remote, and on-site installation by VP system. VP concludes that the TV, remote, and installation service are separate performance obligations. VP selling sells for $1,500. Required: How much revenue would be allocated to the TV, the remote, and the installation service? Note: Do not round intermediate calculations

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