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A company separately sells home security equipment and 12 months of system monitoring service for $120 and $240, respectively. The company sells an equipment/monitoring bundle on January 1 for a total price of $270. The monitoring service begins immediately after the equipment is delivered and installed on January 1. Required: Problem 1: Determine the dollars of revenue that should be allocated to the equipment for each bundled sale.
Problem 2: Determine the dollars of revenue that should be allocated to the service for each bundled sale.
Problem 3: Determine the dollars of Sales Revenue and Service Revenue from the January 1 bundled sale that should be reported in the income statement for the period January 1-31.(For all requirements, Do not round intermediate calculations.)
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A nurse earns $180 per day and is able to perform 40 RVUs per day. Determine the total number of RVUs expected per day for the coming week
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