At May 1, 2022,Whispering Winds Corp.had beginning inventory consisting of280units with a unit cost of $6. During May, the company purchased inventory as follows:

550units at $6

830units at $7

The company sold1380units during the month for $11per unit.Whispering Winds Corp.uses the average cost method. The value ofWhispering Winds Corp.'s inventory at May 31, 2022 is(Round average cost per unit to 2 decimal places, e.g. 12.52.)

$10790.

$1960.

$1820.

$1680.

The manager ofBlueis given a bonus based on net income before taxes. The net income after taxes is $70060for FIFO and $58300for LIFO. The tax rate is30%. The bonus rate is20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO?

$11760

$16800

$23520

$3360