Business, 02.07.2020 20:01, jessiereyes2924

Denver Company engages Public Company to produce a large machine, install the machine, and train their employees on the machine. The machine, installation, and training are distinct, and Public determines that the contract includes three separate performance obligations. The machine, installation, and training typically cost $800,000, $100,000, and $100,000 respectively when each is provided in a separate contract. Denver and Public agree to a total contract price of $920,000. How much of the contract price should Public allocate to the machine, installation, and training, respectively

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Denver Company engages Public Company to produce a large machine, install the machine, and train the...