Robertson Corporation Acquired Two Inventory Items at a Lump-Sum Cost

question 100

Multiple Choice

Robertson Corporation acquired two inventory items at a lump-sum cost of $40,000.The acquisition included 3,000 units of product CF, and 7,000 units of product 3B.CF normally sells for $12 per unit, and 3B for $4 per unit.If Robertson sells 1,000 units of CF, what amount of gross profit should it recognize?

• A)$1,500.
• B)$4,500.
• C)$8,000.
• D)$9,500.

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Definitions:

Biomedical Therapies

Treatments for psychological disorders that involve altering brain chemistry with drugs, physical intervention (e.g., surgery), or other direct forms of intervention.

Eclectic Therapy

A therapeutic approach that incorporates a variety of therapeutic principles and philosophies to tailor treatment to individual client needs.

Psychotherapy

A general term for treating mental health problems by talking with a psychiatrist, psychologist, or other mental health provider.

Biomedical Therapy

Biomedical therapy involves medical interventions, including medication, surgical procedures, and other physical treatments, aimed at treating psychological disorders by altering brain chemistry or physiological processes.