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cost of goods sold mdash merchandiser and manufacturer the following data were taken 729373

Cost of goods sold—merchandiser and manufacturer

The following data were taken from the general ledgers and other data of Alpha Manufacturing, Inc., and Bravo Merchandising Co. on April 30 of the current year:

Merchandise inventory, April 1

$38,000

Finished goods, April 1

67,000

Purchases

121,000

Cost of goods manufactured

287,000

Merchandise inventory, April 30

33,000

Finished goods, April 30

61,000

1. Compute the cost of goods sold for Bravo Merchandising Co., selecting the appropriate items from the previous list.

2. Compute the cost of goods sold for Alpha Manufacturing, Inc., selecting the appropriate items from the previous list.

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