If a company sells two or more products or services under the same sales agreement for one lump-sum price, the sales price must be reduced by the cost of the goods or services.

Question

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If a company sells two or more products or services under the same sales agreement for one lump-sum price (a bundled sale), the sales price must be allocated among the various elements of the sale in proportion to their fair value.

If a Company Sells Two or More Products or Services