The manager of Weiser is given a bonus based on net income before taxes. The net income after taxes is $59,500 for FIFO and $49,000 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? $3,000 $15,000 $21,000 $10,500 Which of the following is not a common cost flow assumption used in costing inventory? Average-cost First-in, first-out Last-in, first-out Middle-in, first-out