please answer both

Exercise 10-16A (Algo) Using JIT to minimize waste and lost opportunity to 10.6 Becky Sheiton, a marketing coordinater for Douglass Enterpeises, is in eharge of ordering the T-shirts to be sold for the company's annual fund-raising project. The T-shirts are printed with a special Douglass Enterprises logo. in some years, the supply of T-shirts has been insufficient to satisly the number of sales orders, in othec years, T-shirts have been left ovec. Excess T-shirts are normally donated to some charitable organization. T-shirts cost the company $8 each and are normally sold for $14 each, Ms. Shelton has decided to order 780 shirts. Required a. If the company recelves actual sales onders for 720 shirs, what amount of profit will the company earn? What is the cost of waste due to excess inventory? b. If the company ceceives actual sales orders for 820 shirs, what amount of profit wal the company esre? What amount of opportunity cost wilt the company incur? Exercise 10-18A (Algo) Ethical Professional Practice LO 10.7 The CFO of the Perez Microscope Corporation intentionally misclassified a downstream transportation expense in the amount of $756.600 as a product cost in an accounting period when the company made 9,700 microscopes and soid 6,300 microscopes. Perez rewards its officers with bonuses that are based on net earnings. Required a. Indicate whether the components of the financial statements fie, assets, liabilities, stockholders' equity, revenue, expense, and net income) would be overstated or understated as a fesult of the misclassification of the downstream transportation expense. Determine the amount of the overstatement or understatement for each element. Note: if there is no effect, select "Not affected" from the dropdown provided. Enter all answers as positive values