Answer the Following Question(s)using the Information Below

question 25

Multiple Choice

Answer the following question(s) using the information below:
The Appliance Store sells a refrigerator and a freezer as a single package for $1,000.Other data are in the chart below.
-Using the stand-alone method with physical units as the weight for revenue allocation, what amount will be allocated to the refrigerator?

• A)$500.00
• B)$20.00
• C)$775.00
• D)$825.00
• E)$687.50

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Definitions:

Primary Currencies

The most widely used and traded currencies in the global foreign exchange markets, such as the US Dollar, Euro, and Japanese Yen.

Foreign Exchange Market

A global market for trading currencies against one another, determining the exchange rates.

U.S. Dollar

The official currency of the United States, used as a standard monetary unit in international trade.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining foreign exchange rates for every currency.