Question 8 2 pts Use the following information for questions 8-10: Thompson and Associates started the period with 50 units in beginning inventory that cost $8.50 each. During the period, the company purchased inventory items as follows Purchase # 1 2 3 Number of Items 200 150 50 Unit Cost $ 9.00 $ 9.30 $10.50 Thompson sold 270 units after purchase #3 for $20.00 each. 8. Thompson's cost of goods sold under LIFO would be: O $2.550 $2,411 O $2.835 $2.295. Question 9 2 pts Based on the information in Question 8, Thompson's ending inventory under FIFO would be: $1,269 $1,595 O $1.734 O $1,890 D Question 10 2 pts Based on the information in Question 8, Thompson's gross margin under the FIFO method would be: O $2.565. $3,105 $2,550 $2.989