ALL PARTS PLEASE AND THX WILL RATE

QUESTIONS 1-6 PLZ

Pooptin makes toy tanks which sell for $50 each. Since each toy tank only takes one hour to assemble, there is essentially no work-in-process inventory. Each toy tank should use 4 pounds of steel at an expected cost of $2.50 per pound. Each toy tank should incur one direct labor hour at an expected cost of $30.00 per DLH. Overhead is budgeted (and applied) at $5.00 per DLH. Inventory balances are as follows (Pooptin uses FIFO inventory cost flow assumption): Units Dollars Steel inventory 1/1/2020 2,000 $5,000 12/31/2020 2,500