(a) Sunrise Company sells many products. Tint is one of its popular items. Below is an analysis of the inventory purchases and sales of Tint for the month of March 2021. Sales Units Selling Price/Unit Purchases Units Unit Cost 100 RM40 60 RM50 70 RM80 200 RM55 3/1 Beginning inventory 3/3 Purchase 3/4 Sales 3/10 Purchase 3/16 Sales 3/19 Sales 3/25 Sales 3/30 Purchase 80 60 70 RM90 RM90 RM90 40 RM60 Required: (i) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March 2021. (7 marks) (ii) Using the weighted average method, calculate the amount assigned to the inventory on hand on March 31, 2021. (6 marks) (iii) Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31, 2021. (7 marks) (b) Ratio analysis expresses the relationship among selected items of financial statement data. Briefly discuss any 5 (FIVE) objectives of ratio analysis. (10 marks)