Calculate Cost of Goods Sold for the following two companies:
CARVER LTD. PEMBROKE, INC
Beginning Inventory:
Merchandise .................. $250,000 $550,000
Finished Good .....................460,000 688,000
Cost of Goods Purchased......
Cost of Good Manufactured.....
Ending Inventory:
Merchandise............ 128,000
Finished Goods......... 350.000