Orbelle sells a robot vacuum cleaner at a price of 1,000, which matches its stand-alone selling price of 1,000. With each vacuum cleaner, it gives a voucher providing a material right on its accessories, whose stand-alone selling price has been estimated at 250. Allocate the transaction price between the vacuum cleaner and the voucher, and state when the amount allocated to the voucher will be recognised as revenue.
- Selling price of the vacuum cleaner
- 1,000
- Stand-alone selling price of the vacuum cleaner
- 1,000
- Estimated stand-alone selling price of the voucher
- 250