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Question 4 of 10 < View Policies Show Attempt History Current Attempt in Progress 4/12 On December 1, Grouper Electronics has three DVD players

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Question 4 of 10 < View Policies Show Attempt History Current Attempt in Progress 4/12 On December 1, Grouper Electronics has three DVD players left in stock. All are identical, all are priced to sell at $96. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of $59, Another, with serial #1045, was purchased on November 1 for $54. The last player, serial #1056, was purchased on November 30 for $45. (a) Attempts: 1 of 2 used 4/4 Your answer is correct Calculate the cost of goods sold using the FIFO periodic inventory method, assuming that two of the three players were sold by the end of December, Grouper Electronics' year-end. The cost of goods sold using the FIFO $ eTextbook and Media 113 Question Part Score L 62 o 2 #3 $ 74 Search or type URL 25

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