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Your answer is partially correct.

If Oriole Electronics 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 Oriole's cost of goods sold be if the company wished to minimize earnings? Maximize earnings?

Cost of goods sold would be $ if it wished to minimise the earnings.

Cost of goods sold would be $ if it wished to maximise the earnings.

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Question $3$ of $4$

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Sheffield Company reports the following for the month of June.

$\backslash$table$[[,,$Units,$\backslash$table$[[$Unit$],[$Cost$]],$Total Cost$],[$June $1,$Inventory,$200,$$$7,$$$1,400$