QUESTIONS 1. Elizabeth Arden Corp. is a merchandise company. The following transactions took place during the month: July 1: 300 units from the beginning inventory at $12 per unit July 5: Company Buys 1,200 Units at $ 6 per unit July 12: Company Buys 300 Units at $ $ per unit July 16: Company Sells 360 Units ($ 18 price) July 22: Company Buys 360 Units at S15 per unit July 25: Company Sells 480Units ($30 price) b. Compute only COGS according to LIFO method. (10 points) LIFO PURCHASES SALES BALANCE Units Date Units Total Units Costs | COGS Unit Cost Units Unit Costs Total Costs