Suppose that Cullumber Depot Inc. has the following inventory data: The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 140 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is $2884.$2800$3080$2716. Suppose that Wildhorse Trading Post has the following inventory data: The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 59 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $4260.$4449.$4378.$4343. Suppose that Pharoah Automated Retail Company has the following inventory data: Nov.1_Inventory 25 units @ $5.00 each 8 Purchase 101 units @ \$5.40 each 17 Purchase 50 units @ \$5.30 each 25 Purchase 76 units @ \$5.50 each The company uses a periodic inventory system. A physical count of merchandise inventory on November 30 reveals that there are 84 units on hand. Cost of goods sold under LIFO rounded to the nearest dollar is $460. $444. $910. $893. On May 1, Sheridan Company had beginning inventory consisting of 276 units with a unit cost of $6. During May, the company purchased inventory as follows: 552 units at $6 828 units at $7 The company sold 1380 units during the month for $10 per unit. Sheridan uses the average-cost method. Assuming that a periodic inventory system is used, the cost of Sheridan's inventory at May 31 is (Round average cost per unit to 2 decimal places, e.g. 12.52.) $1656$1794$1932$10764 Dorothy, the manager of Sandhill Company is given a bonus based on net income before taxes. The net income is $54220 for FIFO and $45400 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? $17640$2520$8820$12600