Styles Chris's Widgets made the following purchases of inventory during the month of September. Total costs Cost per unit #of units Date of Purchase purchased $1 $100 5 September 7 September 10 September 17 September 24 September 29 September 100 $1.50 $2 $2.5 $3 200 300 300 150 300 750 100 300 150 $4 $600 Total Units 1000 $4 Purchased Complete the chart above 1. What would be the COGS using LIFO if 500 units are sold? 500x $4= $2,000 2. What would be the COGS dSing FIFO if 500 units are sold? 500x $1- $500 3. What would be the COGS using Weighted Average if 500 units are sold. 4. Assume that you sold the 500 units at a costs of $10 per unit. Figure the net profit for each sales in questions 9, 10, & 11? Question 5 Income COGS Net Profit IFO FIFO Weighted Average Deskta hp