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Below are data for two companies: (Click the icon to view the data.) Read the requirements. Company A is a merchandising company and Company B

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Below are data for two companies: (Click the icon to view the data.) Read the requirements. Company A is a merchandising company and Company B is a manufacturing company. Requirement 3. Calculate the cost of goods sold for each company Begin by calculating the cost of goods sold for Company A. Company A Beginning Merchandise Inventory Purchases Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold N Data table w Company A Company B EA $ 10,800 $ EA 16,200 Beginning balances Merchandise Inventory Finished Goods Inventory Ending balances Merchandise Inventory Finished Goods Inventory Net Purchases 14,300 11.300 157.000 Cost of Goods Manufactured 214.500 Print Done

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