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A company sells sports equipment, and with each sale of a full set of equipment...

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Accounting

A company sells sports equipment, and with each sale of a full set of equipment provides complimentary equipment-fitting services. A full set of equipment with the fitting services sells for $1,540. Similar equipment-fitting services are offered by other vendors for $150, and the company generally charges approximately 10% more than do other vendors for similar services. Assuming that the equipment and the equipment-fitting services are separate performance obligations, estimate the stand-alone selling price of the equipment-fitting services using the adjusted market assessment approach. Stand-alone selling price
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A company seils sports equipment, and with each sole of a full set of equipment provides complimentary equipment-fitting services. A full set of equipment with the fitting services sells for $1,540. Similar equipment-fitting services are offered by other vendors for $150. and the company generally charpes approximately 10% more than do other vendors for similar services. Assuming that the equipment and the equipment-fitting services are separate performance obligotions, estimato the stand-alone selling price of the equipment-fiting services using the edjusted market assessment opproach

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