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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 seeding and tree fertilization.  The standalone price of each service sold separately is fall aeration $69, lawn seeding  $20, and tree fertilization  $29.     Allocate the price to each of the three separate performace obligaions (rounding your final answer to the nearest whole dollar)  How much is allocated to Fall Aeration?   Question 24 options:   a)  $69   b)  $82   c)  $58   d)  $33

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 seeding and tree fertilization.  The standalone price of each service sold separately is fall aeration $69, lawn seeding  $20, and tree fertilization  $29.     Allocate the price to each of the three separate performace obligaions (rounding your final answer to the nearest whole dollar)  How much is allocated to Fall Aeration?   Question 24 options:   a)  $69   b)  $82   c)  $58   d)  $33

FINANCIAL ACCOUNTING
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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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 seeding and tree fertilization.  The standalone price of each service sold separately is fall aeration $69, lawn seeding  $20, and tree fertilization  $29.  

  Allocate the price to each of the three separate performace obligaions (rounding your final answer to the nearest whole dollar)  How much is allocated to Fall Aeration?

 

Question 24 options:

 

a) 

$69
 

b) 

$82
 

c) 

$58
 

d) 

$33
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