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Precision Unimart Manufacturing $196,000 590,000 Beginning inventory Merchandise Finished goods $392,000 Cost of purchases Cost of goods manufactured 850,000 Ending inventory Merchandise Finished goods 96,000

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Precision Unimart Manufacturing $196,000 590,000 Beginning inventory Merchandise Finished goods $392,000 Cost of purchases Cost of goods manufactured 850,000 Ending inventory Merchandise Finished goods 96,000 90,000 Compute cost of goods sold for each of these two companies for the year ended December 31, 2017. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year ended December 31, 2017 in Merchandising Business. UNIMART Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale Cost of goods sold Merch Business Mfg Business Merch Business Mfg Business Compute cost of goods sold for the company year ended December 31, 2017 in Manufacturing Business PRECISION MANUFACTURING Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale Cost of goods sold 0 Merch Business Mfg Business

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