2. Nakoma Corp. sells product offering a retroactive volume discount on certain cumulative sales volumes as follows: 0 to 500 units cost $10 each; 501 to 1,000 units cost $9 each; 1,001 units and beyond cost $8 each. For Nakoma's largest customer, Nakoma estimates the likelihood of cumulative purchases for the year as follows: 15% for 400 units, 50% for 800 units, and 35% for 1,200 units. The revenue contract stipulates that the price per unit of product will be adjusted retroactively once specified sales volumes are met. Cumulative sales to Nakoma's largest customer were 80 units in the first quarter. a. Transaction price $ b. Variable consideration $ Fixed consideration $ 3. Spectrum Inc. is entering into a revenue contract with a new customer for $8,000. Spectrum agrees to pay an up-front fee of $1,000 to the new customer in order to obtain the new contract as way to compensate the customer for additional up-front processing costs. This payment is not associated with any distinct goods or services. $ a. Transaction price b. Variable consideration $ Fixed consideration $