QUESTIONS 1. On the 1st of April 2019 Company had 100 units in the inventory valued at $2 each. The following transactions took place during the month: April 4: Company buys 30 Units at S3 per unit April 14: Company sells 50 Units ($10 price) April 20: Company buys 30 Units at $4 per unit April 26: Company sells 60 Units ($10 price) 1. Compute COGS according to FIFO method. Make journal entries for April 14, April 26 according to Perpetual Inventory System. (20 points) FIFO PURCHASES SALES BALANCE Date Units Unit Cost Total COGS Units Units Costs Unit S Unit Costs Total Costs