The transaction price for Ayayai's product and the customer loyalty points are $92500 and 37000 points respectively.
<h3>How to determine the transaction price?</h3>
Based on the information provided about Ayayai inc., the transaction price for their product and the customer loyalty points would be allocated as follows:
<u> SSP PA TTP AA____</u>
Product purchases $370,000 80% $370,000 $296,000
Loyalty points <u>$92,500* </u> 20% $370,000 <u>$74,000__</u>
<u>$462,500</u> <u>$370,000</u>
*37,000 × 2.50 = $92,500
<u>Note:</u>
- SSP means Standalone selling prices.
- PA means Percent allocated.
- TTP means Total transaction price.
- AA means Allocated amounts.
Read more on transaction price here: brainly.com/question/15874481
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