You are also implying, with the numbers put forth, that every Elf fought in every battle. This doesn't make sense for a few reasons;
1) You have to assume that at least half of the Noldor present in Middle Earth were female, as it was not an army leaving Aman, but rather the migration of a people, or kindred.
2) Tactically, there is a reserve in every battle. Even in the Battle in which Fëanor was slain, the existence of a reserve is implied. "There he would have perished, had not his sons in that moment come up with force to his aid..." -Silm. p107. Thus, not every elf INVOLVED in the battle would have participated in the actual fighting.
3) Also, the slaying of millions of elves is unfeasible, in my opinion. It oft says that elves were slow to reproduce, and did not have many children, and did not marry until late. I mean honestly, Thingol stood in the woods with Melian for like, a thousand years holding her under the stars... if it took all elves that long to reproduce there wouldn't be very many of them at all, to say the least. I highly doubt that there could have even been millions of elves (of all the kindreds combined) in Beleriand at all, much less millions to slay.
On another note, does anyone know anything about the composition of forces in the First/Second Battle? The equipment of certain companies, their leaders, and their doings and happenings? I know in The Book of Lost Tales 2, the account of the Fall of Gondolin is very in depth and detailed in that matter... is there anything of that sort pertaining to the first two battles under the moon?
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