Hepner Products enters into a contract with Tullis to s ell 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 expected-cost-plus-a-profit margin approach?
A)$99,167
B)$164,700
C)$75,000
D)$140,300

Question

Hepner Products enters into a contract with Tullis to s ell 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 expected-cost-plus-a-profit margin approach? 
A)$99,167 
B)$164,700 
C)$75,000 
D)$140,300

Quizplus · Accepted Answer

The Answer of Hepner Products enters into a contract with Tullis to s ell 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 expected-cost-plus-a-profit margin approach? 
A)$99,167 
B)$164,700 
C)$75,000 
D)$140,300

Hepner Products Enters into a Contract with Tullis to S