Items Quantity Price Total 2 Beginning Inventory on October 1 $10/unit 2. Additional Purchase on October 7 $15/unit 2 Additional Purchase on October 15 $20/unit TOTAL 6 1. 2. Calculate COGS and Ending Inventory using FIFO under the following scenarios: Sold 2 items to customer Sold 5 items to customer Calculate COGS and Ending Inventory using LIFO under the following scenarios: Sold 2 items to customer Sold 5 items to customer Calculate Gross Profit under FIFO and LIFO if a customer purchases 2 items at a price of $25 each. Calculate COGS and Ending Inventory using Average Cost method if you sold 2 items to customer. 3. 4