Answer the following question(s) using the information below:Five Appliances Store sells a refrigerator and a freezer as a single package for $1,000. Other data are in the chart below.Selling priceManufacturing cost perunitStand-alone productrevenuesRefrigerator Full-size Freezer$825$620O a. $620.00O b. $687.50O c. $500.00O d. $775.00e. $612.50$1,225,000$375$180$775,000PackagedPrice$1,000Using the stand-alone method with manufacturing cost per unit as the weight for revenue allocation, what amount willbe allocated to the refrigerator?

The stand-alone method is a financial analysis or project assessment strategy that assesses the…

Answer the following question(s) using the information below: Five Appliances Store sells a refrigerator and a freezer as a single package for $1,000. Other data are in the chart below. Selling price Manufacturing cost per unit Stand-alone product revenues O a. $620.00 O b. $687.50 O c. $500.00 O d. $775.00 $612.50 Refrigerator Full-size Freezer $825 $620 e. $1,225,000 $375 $180 $775,000 Using the stand-alone method with manufacturing cost per unit as the weight for revenue allocation, what amount will be allocated to the refrigerator? Packaged Price $1,000

Answer the following question(s) using the information below: Five Appliances Store sells a refrigerator and a freezer as a single package for $1,000. Other data are in the chart below. Selling price Manufacturing cost per unit Stand-alone product revenues O a. $620.00 O b. $687.50 O c. $500.00 O d. $775.00 $612.50 Refrigerator Full-size Freezer $825 $620 e. $1,225,000 $375 $180 $775,000 Using the stand-alone method with manufacturing cost per unit as the weight for revenue allocation, what amount will be allocated to the refrigerator? Packaged Price $1,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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