Electro Corp sells a refrigerator and a freezer as a single package for $1130. Other data are in the chart below.
Using the stand-alone method with selling price as the weight for revenue allocation, what amount will be allocated to the refrigerator? (Do not round any intermediary calculations.)
Definitions:
Incentive Based Compensation
A form of payment designed to reward employees for achieving specific performance targets or objectives.
Performance Measures
Metrics or indicators used to evaluate and track the efficiency, effectiveness, and productivity of an organization, employee, or process.
Rewarding Outcomes
Benefits or positive results achieved from specific actions or decisions, often used to motivate behavior or assess the success of projects.
Incentive Contract
An agreement designed to motivate performance by aligning the interests of parties, typically involving rewards for achieving specified objectives.
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