Exercise 1-10 (Algo) Cost of goods sold computation for a merchandiser and manufacturer LO P1

	Unimart	Bare Manufacturing
Beginning inventory
Merchandise	$ 207,000
Finished goods		$ 414,000
Cost of merchandise purchased	410,000
Cost of goods manufactured		900,000
Ending inventory
Merchandise	107,000
Finished goods		101,000

Compute cost of goods sold for each of these two companies.

Complete this question by entering your answers in the tabs below. Compute cost of goods sold for the company in Merchandising Business. Compute cost of goods sold for the company in Manufacturing Business