How would the selling price be allocated

Assignment Help Accounting Basics
Reference no: EM133159274

Question - A customer purchased a set of high-end kitchen appliances (a fridge, a dishwasher and a range) for $16,000. The standalone prices of the appliances are $6,500 for the fridge, $3,500 for the dishwasher and $8,000 for the range.

Required -

a. How would the selling price be allocated to the different appliances?

b. Can you help me give a short explanation of the relevance of price allocation for the supplier.

Reference no: EM133159274

Questions Cloud

Feihe dairy-investing in canada : 1. Which entry strategy(ies) is(are) most suitable for Feihe in its internationalization to the selected countries? Analyze and compare possible entry strategie
Why are people advocating for questions about pay history : Why are people advocating for questions about pay history to be banned? How does such a question impact potential employees?
Discuss the various kinds of ratio analysis : Discuss the various kinds of ratio analysis categories and briefly explain what information is gathered from their calculations
What is the replicating portfolio today of the american call : Build a two-period binomial tree to find the price of the American call. What is the replicating portfolio today of the American call
How would the selling price be allocated : A customer purchased a set of high-end kitchen appliances (a fridge, a dishwasher and a range) for $16,000. How would the selling price be allocated
Catastrophe management solutions : An African American woman applied for a job as a customer service representative. Despite the title, the position involved handling telephone calls rather than
Compute george town weighted-average number of shares : George Town purchased 10,000 treasury shares, which were reissued on October 1. Compute George Town's weighted-average number of shares outstanding for 2017
Key benefits and challenges that health care settings have : Research and discuss some of the key benefits and challenges that health care settings have in integrating their systems with other providers.
Can we rely on decisions made by computers : What are some of the reasons decision-makers need information systems to help in their tasks?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd