Exercise $1-10($Algo$)$ Cost of goods sold computation for a merchandiser and manufacturer LO P$1201,000$UnimartBareManufacturingBeginning inventoryMerchandise$ $307,000$Finishedgoods$ $614,000$Cost of merchandise purchased$410,000$Cost of goods manufactured$810,000$Ending inventoryMerchandise$207,000$Finished goodsCompute cost of goods sold for each of these two companies.Complete this question by entering your answers in the tabs below$\mathrm{.}45$MerchBusinessMfg BusinessCompute cost of goods sold for the company in Merchandising Business.UNIMARTComputation of Cost of Goods SoldCost of goods soldGoods available for saleCost of goods soldMfg Business$>$