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Hepner Products Enters into a Contract with Tullis to Sell

Question 63

Multiple Choice

Hepner Products enters into a contract with Tullis to sell three different products.The total price is $350,000.Each of the products is a separate performance obligation.Based on the information presented in the table,what is the allocated transaction price of product Z using the adjusted market assessment approach? Hepner Products enters into a contract with Tullis to sell three different products.The total price is $350,000.Each of the products is a separate performance obligation.Based on the information presented in the table,what is the allocated transaction price of product Z using the adjusted market assessment approach?   A) $95,890 B) $99,974 C) $75,000 D) $100,000


A) $95,890
B) $99,974
C) $75,000
D) $100,000

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