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Electro Corp sells a refrigerator and a freezer as a single package for $1,000. Other...

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Accounting

Electro Corp sells a refrigerator and a freezer as a single package for $1,000. Other data are in the chart below. Refrigerator Full-size Freezer Packaged Price Selling price $800 $400 $1,000 Manufacturing cost per unit $600 $200 Stand-alone product revenues $1,200,000 $800,000 Using the stand-alone method with selling price as the weight for revenue allocation, what amount will be allocated to the refrigerator? Group of answer choices $666.67 $500.00 $333.33 $676.67

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