Iphone when the warranty is purchased

Assignment Help Financial Accounting

Reference no: EM13953223

Orange Inc. offers a discount on an extended warranty on its iPhone when the warranty is purchased at the time the iPhone is purchased. The warranty normally has a price of $150, but Orange offers it for $120 when purchased along with an iPhone. Orange anticipates a 75% chance that a customer will purchase the extended warranty along with the iPhone. Assume Orange sells to 1,000 iPhones with the extended warranty discount offer. What is the total stand-alone selling price that Orange would use for the extended warranty discount option for purposes of allocating revenue among the performance obligations in those 1,000 oPhone contracts?

Reference no: EM13953223

Questions Cloud

Potential challenges of controlling the project schedule : Suggest at least three (3) potential challenges of controlling the project schedule when outsourcing critical tasks. Suggest the manner in which you could mitigate such challenges

Find separately for each group the mean x, variance s2 : Calculate separately for each group (AG positive and AG negative) the mean x, variance s2, and standard deviation s for survival time. Calculate separately for each group (AG positive and AG negative) the mean, geometric mean, and median for w..

What is the chance the bag selected was the first bag : A machine produces 12,000 bolts per day, with a 3% defect rate. What is the probability that twelve defective bolts will be found in a sample of 600 bolts?

Problem regarding the notes payable and interest : On July 1, 2014, Jo's Flower Shop borrowed $25,000 from the bank. Jo signed a ten-month, 8% promissory note for the entire amount. Jo's uses a calendar year-end.

Iphone when the warranty is purchased : Orange Inc. offers a discount on an extended warranty on its iPhone when the warranty is purchased at the time the iPhone is purchased. The warranty normally has a price of $150, but Orange offers it for $120 when purchased along with an iPhone.

Calculate and compare the variances and standard deviations : Two drugs, amantadine (A) and rimantadine (R), are being studied for use in combating the influenza virus. A single 100-mg dose is adminis- tered orally to healthy adults. The response variable is the time (minutes) required to reach maximum conce..

The birthplace of glenn miller : Clarinda Community Hospital is a 230-bed, not-for-profit, acute care hospital located in Clarinda, Iowa. The city is a typical Mid-western county seat/farming community best known as the birthplace of Glenn Miller, the famous big band leader of the l..

How many subjects are in the study : How many subjects blood pressure increased from the first measurement to the second - determine whether or not subsequent blood pressure measurement where higher or lower than one another.

Contribution margin cost : Contribution Margin Cost-Volume-Profit Analysis and Break-even Point

User Account

All Pages