Exercise 6-4 (Part Level Submission) On December 1, Monty Corp. has three DVD players left in stock. All are identical, all are priced to sell at $180. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of $111. Another, with serial #1045, was purchased on November 1 for $90. The last player, serial #1056, was purchased on November 30 for $80 x Your answer is incorrect. Try again If Monty Corp. used the specific identification method instead of the FIFO method, how might it alter its earnings by "selectively choosing" which particular players to sell to the two customers? What would Monty's cost of goods sold be if the company wished to minimize earnings? Maximize earnings? 101 Cost of goods sold would be $ if it wished to minimise the earnings 201 Cost of goods sold would be $ if it wished to maximise the earnings Click if you would like to Show Work for this question: Open Show Work