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Robertson Corporation acquired two inventory items at a lump-sum cost of $96000. The acquisition included...

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Accounting

Robertson Corporation acquired two inventory items at a lump-sum cost of $96000. The acquisition included 3000 units of product CF and 7000 units of product 3B. CF normally sells for $27 per unit and 3B for $9 per unit. If Robertson sells 1000 units of CF, what amount of gross profit should it recognize? $18000. $24000. $3000. $9000

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\begin{tabular}{lr} Sales & $1,000,000 \\ Direct Material & 140,000 \\ Direct Labour & 50,000 \\...