IFRS 15 – Example 3 on lecture 2 (29 min video)

Hi,

I am struggling with example 3 on revenue recognition to do with Telephonica.

I am happy that the handset and data in total for a competitor is £720. (Handset is £480 and charges are £240).

Telephonica are charging £45 per month so in total £540.

When we allocate the price why don’t we do:
Handset : £480/720 * 540 = £360
Data : 240/720 * 540 = £180

Thank you
M