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