Answer:
B. The selling price of the product and the consideration promised in the contract differ significantly.
Explanation:
"While determining the transaction price, an entity shall adjust the amount of consideration with respect to the time value of money, if the timing of payment to be made by customer under the contract provides some significant benefit of financing to the customer or the entity for the transfer of goods or services to the customer. The Significant financing benefit could be explicit or implicit in the contract.
The idea behind the significant financing component is that entity should consider the revenue based on the price that a customer would have paid at the time of transferring the goods or services to the customer by the entity i.e. Cash Selling Price (If the payment was made immediately)."
Reference: Prasenjit. “ASC 606: Step 3 – Determining the Transaction Price.” RevGurus, 25 Mar. 2019
Xtronic CVT, D-step transmission tuning and 1.6-liter DOHC engine are the key features to point out when demonstrating the kicks’ efficient performance.
<h3>What is the Kick
efficient performance?</h3>
The vehicle's efficient performance is a features that aims to increase the performance of the car engine while being driven.
Hence, the key features to point out when demonstrating the kicks’ efficient performance includes:
- Xtronic CVT
- D-step transmission tuning
- 1.6-liter DOHC engine
Read more about efficient performance
<em>brainly.com/question/17370171</em>
The answer is C , I just took the test
Answer:
determine the cost per CD for each group using tsv method
Answer:
The sales mix is 1:2.
Model 101 Model 102
Selling Price 21 56
Variable Cost -14 -35
Contribution Per Unit 7 21
Multiply Sales Mix Ratio 1 2
Weighted Contribution 7 42
Now add the weighted Contribution to compute Contribution margin per composite unit which is 7+42=$49
Explanation:
I assumed that the cost and selling price here for Model 101 is $14 and $21 respectively. Similarly the cost and selling price of Model 102 is $35 and $56 respectively.
Remember that Contribution margin per composite unit means that we will earn 49 dollars(combined contribution of sales mix) if we sell the sale mix of Model 101 and 102 which is 1:2.
