The Hobbit Cheats

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Rock Bag:
Your Rock Bag can be upgraded twice, every time by getting an extra ten rocks, until you can hold thirty Rocks.

Medicine Chest:
You Medicine Chest can be upgraded by getting 5 more spaces for Health and Anti-Venom each time, and one more space for The Waters of Vigour.
User Cheat by Bilbo

Chain-Attack scrolls:
These scrolls make fighting significantly easier. Especially the last scroll, which allows you to chain three attacks. 

Lake Town: Wine bottle riddle:
Upon getting all five of the wine bottle in Lake-Town, Malloc will tell you a riddle about how the bottles are arranged. The order is as follows:

1. Yellow Wine Bottle
2. Blue Wine Bottle
3. Red Wine Bottle
4. Black Wine Bottle
5. Purple Wine Bottle

Saving Beorn:
In order to save Beorn on the last level, you must push four different blue barrels located around the area. Follow the courage crystals and do not stop to fight. Use the ring when you encounter enemies, because you are timed.
User Cheat by WhiteWizard

Easy courage points:
On the last level when you meet Liana, she will start fighting the Goblins. There will be an unlimited amount of them. If you need to level up, stay there for awhile and collect all of the courage points.