Question: 21 24 Question 23 (25 points) Given the following data, what is the value of the gross profit as determined by the LIFO method? Sales

21 24 Question 23 (25 points) Given the following data, what

21 24 Question 23 (25 points) Given the following data, what is the value of the gross profit as determined by the LIFO method? Sales Revenue = 1,300 units at $27 per unit; 739 units at $16 per unit; 850 units at $12 per unit. 27 a) $11,824 30 b) $16,544 2 33 c) $18,556 d) $6,732 35 36 Question 24 (25 points) A machine was purchased for $81,000. Shipping costs (FOB Shipping point) was C200 concestor for the China 700 ditestinand acer o 0 C C backspace $ 4 % 5 & 7 7 6 8 3 9 0 t u e O i 11 f h L. bo k 1 b n m alt ctrl

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