1.A company purchased 100 units of inventory at $10 each on January 1. On February 1, the company purchased an additional 200 units at $12 each. On March 1, the company sold 250 units. Calculate the cost of goods sold and ending inventory using FIFO and LIFO.

2. A company purchased 500 units of inventory at $20 each on January 1. On February 1, the company purchased an additional 300 units at $22 each. On March 1, the company sold 600 units. Calculate the cost of goods sold and ending inventory using FIFO and LIFO.

solve both questions separately and find the total revenue and Gross profit for each