I NEED HELP IN RESOLVING 3 PROBLEMS FOR ACCOUNTING CLASS.

I NEED IT RIGHT AWAY PLEASE ...

THANKS,

The manager of Brick Company is given a bonus based on income before income taxes. Net income, after taxes, is $11,200 for FIFO and $9,800 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO? $420 $400 $84 $2,800 Romanoff Industries had the following inventory transactions occur during 2014: 2/1/14 3/14/1 4 5/1/14 Purchase Unit s 54 Purchase 93 $47 Purchase 66 $49 Cost/unit $45 The company sold 150 units at $70 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's after-tax income using LIFO? (rounded to whole dollars) $3,318 $2,486 $3,552 $2,323 Romanoff Industries had the following inventory transactions occur during 2014: 2/1/14 3/14/1 4 5/1/14 Purchase Unit s 54 Purchase 93 $47 Purchase 66 $49 Cost/unit $45 The company sold 150 units at $70 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using LIFO? (rounded to whole dollars) $6,948 $7,182 $3,318 $3,552