Meyer & Smith is a full-service technology company. They
provide equipment, installation services as well as training.
Customers can purchase any product or service separately or as a
bundled package. Wildhorse Corporation purchased computer
equipment, installation and training for a total cost of $118440 on
March 15, 2021. Estimated standalone fair values of the equipment,
installation, and training are $85500, $56400, and $27300
respectively. The transaction price allocated to equipment,
installation and training is
$59850, $39480, $19110 respectively.
$85500, $56400, $27300 respectively.
$39480, $39480, $39480 respectively.
$118440 for the entire bundle.
Answer :
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