Multiple Choice
Use the following information for questions. A product and service are bundled together and sold to customers for $350.The fair values of the product and service are $300 and $100 respectively.
-Under the relative fair value method, how much would be allocated to the product?
A) $300.00
B) $262.50
C) $200.00
D) $175.00
Correct Answer:
Verified
Correct Answer:
Verified
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