Exercise 6-06 a-b On December 1, Riverbed Electronics has three DVD players left in stock. All are identical, all are priced to sell at $91. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of $56. Another with serial #1045, was purchased on November 1 for $52. The last player, serial 1056, was purchased on November 30 for $43. 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, Riverbed Electronics 'year-end. The cost of goods sold using the FIFO $ LINK TO TEXT If Riverbed Electronics used the specific identification method instead of the FIFO method, how might iter its caminos by selectively choosing which particular players to sell to the two customers? What would loverbed cost of goods sold be if the company wished to minimize earnings? Maximize earnings Cost of goods sold would be s it wisted to minimize the earnings Cost of goods sold would be if it wished to maximize the earings Click if you would like to show Work for this question: On Show Work