Amount of gross profit of turner corporation

Reference no: EM13142668

Turner corporation acquired two inventory items at a lump-sum cost 0f $50,000. the acquisition included 3,000 units of product jt, and 7000 units of product b2. jt normally sells for $15 per unit, and b2 for $5 per unit. if tuner sells 1,000 units of jt, what amount of gross profit should recognize?

Reference no: EM13142668

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