Precision Manufacturing Unimart Beginning inventory Merchandise Finished goods 5261,000 5522,000 Cost of purchases Cost of goods manufactured Ending inventory 450,000 780,000 161.000 Merchandise Finished goods 155,000 Compute cost of goods sold for each of these two companies for the year ended December 31, 2015 Merchandising Business UNIMART Partial Income Statement For Year Ended December 31, 2015 Cost of goods sold: Goods available for sale Cost of goods sold Manufacturing Business PRECISION MANUFACTURING Partial Income Statement For Year Ended December 31, 2015 Cost of goods sold: Goods available for sale Cost of goods sold