Current Attempt in Progress On December 1, Sunland Electronics Ltd. has three DVD players left in stock. All are identical, all are priced to sell at $150. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of $100. Another, with serial #1045, was purchased on November 1 for $84. The last player, serial #1056, was purchased on November 30 for $80. (a) 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, Sunland Electronics' year-end. Cost of goods sold $ eTextbook and Media Save for Later Attempts: 0 of 2 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Submit Answer

On December 1, Sunland Electronics Ltd. has three DVD players left in stock. All are identical, all are priced to sell at $150. One of the three DVD plavers left in stock with serial \#1012, was purchased on June 1 at a cost of $100. Another, with serial it 1045, was purchased on November 1 for $84. The last player, serial a 10 56 , was purchased on November 30 for $80. (a) 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, Sunland Electronics' year-end. Cost of goods sold eTextbook and Media Attempts: 0 of 2 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above