Business
Business, 23.11.2019 02:31, Ilcienne9736

On december 1, flint electronics has three dvd players left in stock. all are identical, all are priced to sell at $77. one of the three dvd players left in stock, with serial #1012, was purchased on june 1 at a cost of $47. another, with serial #1045, was purchased on november 1 for $43. the last player, serial #1056, was purchased on november 30 for $36.
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, flint electronics' year-end.
the cost of goods sold using the fifo

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On december 1, flint electronics has three dvd players left in stock. all are identical, all are pri...

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