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Bare Unimart Manufacturing Beginning inventory Merchandise $ 315,000 Finished goods $ 630,000 Cost of merchandise purchased 580,000 Cost of goods manufactured 850,000 Ending inventory Merchandise

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Bare Unimart Manufacturing Beginning inventory Merchandise $ 315,000 Finished goods $ 630,000 Cost of merchandise purchased 580,000 Cost of goods manufactured 850,000 Ending inventory Merchandise 215,000 Finished goods 209,000 Compute cost of goods sold for each of these two companies. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company in Merchandising Business. UNIMART Computation of Cost of Goods Sold Cost of goods sold Merchandise inventory beginning Add: Cost of merchandise purchased Goods available for sale Less: Merchandise inventory, ending $ 315,000 580,000 895,000 (215.000)

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