Can someone help me with the multiple choice questions !

3. Assume Red Rover began June with 52 units of merchandise inventory, with a cost of $17 per unit. During June, Red Rover purchased and sold goods as follows: 42 units $15 60 units @ $40 28 units S25 42 units @ $40 June 8 Purchase 14 Sale 22 Purchase 27 Sale Under the FIFO inventory costing method, how much is Red Rover's cost of goods sold for the sale on June 14? A. $510 B. $2,400 C. $1,004 D. $936 4. After the sale on June 14, what is Red Rover's cost of the merchandise inventory on hand, assuming that Red Rover uses FIFO? (Reference Question 3 information.) A. $510 B. $2,400 C. $1,004 D. $936 5. Afiter the sale on June 14, what is Red Rover's cost of the merchandise inventory on hand suming that Red Rover uses LIFO? (Reference Question 3 information) A. $510 B. $578 C. $900 D. $2,400 Red Rover data from Question 3 to compute the weighted-average unit cost of the company's inventory on hand on June 8. Round unit cost to the nearest cent. A. $16.1II B. $16.50 C. $18.15 D. $19.00 6. Suppose Red Rover uses the weighted-average method and the perpetual inventory system. Use the 7. Which inventory costing method results in the lowest ending inventory during a period of rising merchandise inventory cost? A. Weighted-average B. Specific identification C. First-in, first-out (FIFO) D. Last-in, first-out (LIFO) 8. Some companies account for purchases of equipment less than $500 as expenses instead of as assets. This policy is most closely linked to which accounting principle? A. Conservatism B. Lower-of-cost-or-market C. Materiality concept D. Consistency principle 9. On December 31, 20X8, Jones Company understated ending inventory by $$2,000. How does this error affect Cost of Goods Sold and Net Income for 20X8? A. Overstates Cost of Goods Sold and understates Net Income B. Overstates both Cost of Goods Sold and Net Income C. Understates Cost of Goods Sold and overstates Net Income D. Leaves both Cost of Goods Sold and Net Income correct because the errors cancel each other 10. Comfort Clothing had the following financial data for the year ended December 31, 20x8: Cost of Goods Sold $ 256,000 Beginning Merchandise Inventory $ 58,000 Ending Merchandise Inventory $107,200 What is the inventory turnover for Comfort Clothing (rounded to one decimal place)? A. B. C. D. 0.7 times per year 1.6 times per year 2.4 times per year 3.1 times per year