Question
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 staff. The
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 staff. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment system. VP includes that the TV, remote, and installation service are seperate performance obligations. VP selle the 60-inch TV seperatley for $2,125, sells the remote seperatley for $125 and offers the installation service seperatley for $250. The entire package sells for $2,500.
Required: how much revenue would be allocated to the TV, the remote, and the installation service?
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Real Estate And Accounting For Beginners
Authors: Nespy Online Marketing
1st Edition
1802242880, 978-1802242881
