Answer:
Oil change Service $15
Sales of Parts $15
Step-by-step explanation:
Calculation to Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change packages
First step
Oil change service= $20
Selling price of parts = $20
Total $40
Second step is to calculate the Percentage of each activity in total Revenue
Oil change service = $20
Oil change service=20/40*100
Oil change service=50%
Sale of parts= $20
Sale of parts=20/40*100
Sale of parts=50%
Third step is to calculate the Allocated Transaction Price for both parts and service
Combine oil change service and part package = $30
Oil change service= $30 * 20/40
Oil change service=$15
Sale of parts = $30 * 20/40
Sale of parts= $15
Therefore the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change packages will be:
Oil change Service $15
Sales of Parts $15