Question: View Policies Current Attempt in Progress Crane Corporation acquired two inventory items at a lump-sum cost of $131000. The acquisition included 3330 units of product

View Policies Current Attempt in Progress Crane Corporation acquired two inventory items at a lump-sum cost of $131000. The acquisition included 3330 units of product LF, and 6660 units of product 1B. LF normally sells for $30 per unit, and 1B for $10 per unit. If Crane sells 1110 units of LF, what amount of gross profit should it recognize? O $2367. O $37740. $33300. O $7100

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