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WalMart Corporation acquired three inventory items at a lump-sum cost of $120,000. The acquisition included 3,000 units of product W, 7,000 units of product X,

WalMart Corporation acquired three inventory items at a lump-sum cost of $120,000. The acquisition included 3,000 units of product W, 7,000 units of product X, and 5,000 units of product Z. Product W normally sells for $30 per unit, X sells for $10 per unit, and Z sells for $18 per unit. If WalMart sells 1,000 units of X, what amount of gross profit should it recognize? $4,800 $10,000 $33,600 O $36,400 $5,200 $70,000

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