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What the transaction price allocated to the pool

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Reference no: EM132964151

Question - Crane Company sells prefabricated pools that cost $91000 to customers for $140895. The sales price includes an installation fee, which is valued at $19700. The fair value of the pool is $136850. The installation is considered a separate performance obligation and is expected to take 3 months to complete. What the transaction price allocated to the pool and the installation?

A. $140895 and $19700 respectively

B. $136850 and $19700 respectively

C. $115822 and $25073 respectively

D. $123165 and 17730 respectively

Reference no: EM132964151

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