Ivrane designs exhibition spaces. Its exhibition design services are sold separately at prices that vary widely from one customer to another, with no representative range (documented finding of management). A museum entrusts it, for 80,000, with the design of a room, the supply of display cases and staff training, three distinct performance obligations. The display cases and the training are regularly sold on their own, at 45,000 and 5,000 respectively. Estimate the stand-alone selling price of the exhibition design using the residual approach.
- Total contract price
- 80,000
- Observable stand-alone selling price of the display cases
- 45,000
- Observable stand-alone selling price of the training
- 5,000