CERTYNEX IFRS ACADEMY

In a single contract, Ombrelune sells equipment with an observable, stable price and two consulting services whose stand-alone selling prices are both highly variable. How can it estimate the stand-alone selling prices of the two services?

Apply the residual approach separately to each service, one after the other.

Allocate the whole contract price to the equipment, as the services have no reliable price.

Use for both services the lowest price observed on the market.

Estimate their aggregate price using the residual approach, then split it using another method.