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there is also a part b to this same question which im going to assume is going to ask cost of goods sold would be

image text in transcribed there is also a part b to this same question which im going to assume is going to ask "cost of goods sold would be $_____ if it wished to minimise the earnings, and cost of goods would be $_______ if it wished to maximise the earnings.

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Exercise 6-5 (Part Level Submission) On December 1, Sandhill Electronics has three DVD players left in stock. All are identical, all are priced to sell at $88. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of$54. Another,with serial O45, was purchased on November 1 for $50. The last player, serial #1056, was purchased on November 30 for $42. 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, Sandhill Electronics' year-end. The cost of goods sold using the FIFO Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE VIDEO: APPLIED SKILLS Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above

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