QS 18-11 Cost of goods manufactured LO P2 Prepare the 2017 schedule of cost of goods manufactured for Barton Company using the following information. Direct materials Direct labor Factory overhead costs Work in process, Dec. 31, 2016 Work in process, Dec. 31, 2017 $ 245,000 69,500 24,800 157,600 148,750 Barton Company Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Total manufacturing costs Total cost of work in process Cost of goods manufactured Precision Manufacturing Unimart $236,000 $472,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 540,000 940,000 136,000 130,000 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 0