Design two questions that require preparation of Cost of Goods Sold Schedule, one for a manufacturing company and the other for a merchandising company.......Please refer to the PowerPoint below to answer. The slides that are important I wrote next to are important. Please write in excel format.

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Learning Objectives 1. Define managerial accounting and understand 2. Describe the differences between service, 3. Classify costs for service, merchandising, and 4. Prepare an income statement and schedule of how it is used merchandising, and manufacturing companies manufacturing companies cost of goods manufactured for a manufacturing company and calculate cost per item