A sports equipment supplier, Tonalis, delivers a set of machines to a gym and assembles them at the customer's premises, for 45,000 in total. Machines and assembly are two performance obligations. Tonalis usually sells the machines on their own for 40,000 and the assembly on its own for 10,000. What share of the transaction price relates to the assembly?
- Total contract price
- 45,000
- Stand-alone selling price of the machines
- 40,000
- Stand-alone selling price of the assembly
- 10,000