A fully technology driven startup provide equipment, installation services as well as training. Customers can purchase any product or service separately or as a bundled package. These items are distinct and not interdependent. Booker purchased computer equipment, installation and training for a total cost of 129,600 on March 15, 2018 Estimated standalone fair values of the equipment, installation, and training are 75,000, 48,000, 21,000. respectively. The transaction price allocated to equipment, installation and training is and 21,000 a $129,600 for the entire bundle,b. 67,500, 43.200 and 18,900 respectively, c.75,000, 48,000, and 21,000 respectively, d.43,200, 43,200, and 43,200 respectively

A fully technology driven startup provide equipment, installation services as well as training. Customers can purchase any product or service separately or as a bundled package. These items are distinct and not interdependent. Booker purchased computer equipment, installation and training for a total cost of 129,600 on March 15, 2018 Estimated standalone fair values of the equipment, installation, and training are 75,000, 48,000, 21,000. respectively. The transaction price allocated to equipment, installation and training is and 21,000 a $129,600 for the entire bundle,b. 67,500, 43.200 and 18,900 respectively, c.75,000, 48,000, and 21,000 respectively, d.43,200, 43,200, and 43,200 respectively

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Description: A fully technology driven startup provide equipment, installation services as well as training. Customers canpurchase any product or service separately or as a bundled package. These items are distinct and notinterdependent. Booker purchased compute

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 52P

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