Homework Answers
Option ,$1500
Workings:
Price of the TV =1800
Price of warranty = 600
Combo price = 2400
% of price allocated to TV = 1800/ 2400 = 75%
% of price allocated to warranty = 600/2400 = 25%
Revenue recognized when TV screen is delivered = 2000 * 75% = 1500
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