HI, help me solving these two question please. show workings process so that i can understand.

c. The following information also available: a. The purchase price does not include the cost of handling RM600 per purchase; the cost of storing RM400 per purchase and the cost of insurance RM800 per purchase. An extra RM200 will be charged by the supplier for the insurance cost for the purchase 1,000 units or more. b. Due to handling mishap, the goods purchased on 30 January can only be sold at RM10 each. On top of that, further cost to fix the damaged cost is expected at RM1.50 each. c. Total carriage outwards expenses incurred for the whole month amounting RM5,000. d. The advertising expenses related to the sales of Alga amounting RM15,000. Required: (a) Compute the value of RSB's inventory on 31 January 2019 based on (i) First in First Out Method, and (ii) Weighted Average Method (WAM). (b) Show the extract Statement of Comprehensive Income for the year 2019.Question 1 Rumandi Sdn Bhd (RSB) purchases the marine product called Alga from the local supplier, further process it and sold at the price of RM20 per kilo. On the 1 January 2019, the company has the following information of its inventory: Purchased date Price per kilo (RM) Quantity (kilo) 1 20 December 2018 10.00 400 2 25 December 2018 12.00 800 3 30 December 2018 11.50 1,200 2. The following records show the relevant transactions on its inventory's movement during the month of January 2019: a. The purchases of Alga: Purchased date Price per kilo (RM) Quantity (kilo) 1 2 January 8.50 600 2 8 January 11.50 1,000 3 15 January 10.00 800 4 19 January 9.00 600 5 24 January 10.00 1,400 6 28 January 12.00 1,200 7 30 January 8.00 750 b. The Sales of Alga: Purchased date Price per kilo (RM) Quantity (kilo] 1 3 January 24.00 1,400 2 7 January 25.00 1,200 3 14 January 26.00 1,100 4 20 January 22.50 2,800 29 January 20.50 1,250Question 2 Sumur Tenggara Bhd (STB) has the following record on its inventories on 31 December 2018: Purchase Total further cost incurred Fair No Items Quantity Price for the products are ready | value/unit /Unit for sale (RM) (RM) Unit RM Labour Materials Testing 1 A 2 20 25 10 10 60 2 B 1 30 10 15 20 70 3 C 2 32 12 8 6 65 4 D 4 10 15 10 12 50 5 E 2 15 20 10 8 42 6 F 3 20 10 10 10 45 7 G 2 20 20 20 20 58 8 H 1 20 8 10 12 75 9 H 2 30 15 10 5 44 10 J 2 25 4 8 12 45Additional information: 1. Majority of the items purchased are in the form of raw materials that need to be further processed before they can be sold at the market. Further process composes of the cost of labour, materials and testing. 2. Fair value is the value in which STB believes its final product can be sold at the market. 3. The following specific information related to some items are available: i. For item A, the materials were overspent by RM8 because of the wastage. ii. For item D, the testing is not necessary because it is only part of the selling cost. iii. For item G, soon after the completed process both units were damaged and further cost incurred to fix them amounting RM10 each unit. iv. For item I, RM10 of the recorded labour cost was actually the cost of administrative cost which is not need to bring the product to its present condition and location. Required: (a) Based on MFRS 102 Inventories, compute the value of inventories for STB as at 31 December 2018. (b) Explain every judgement you made in deciding the value of inventories for each item. Your answer should be based on MFRS 102 (measurement of inventories, item 9 to 18 of MFRS 102). (c) Briefly explain what is meant by "Inventories shall be measured at the lower of cost and net realisable value" which is clearly stated in MFRS 102 item no 9. Give example or illustration to justify your explanation