Hown here are annual financial data at December 31, 2017, taken from two different companies. Music World Retail Wave-Board Manufacturing Beginning inventory Merchandise $ 200,000 Finished goods $ 500,000 Cost of purchases 300,000 Cost of goods manufactured 875,000 Ending inventory Merchandise 175,000 Finished goods 225,000 Required: 1. Prepare the cost of goods sold section of the income statement at December 31, 2017, for each company in Merchandising Business and Manufacturing Business.

Answer and Explanation:

As per the data given in the question,

a)

                                      Music World Retail

                                 Partial Income Statement

                              For year ended Dec-31,2017

Cost of goods sold :

Beginning merchandise inventory $200,000

Add: Cost of purchase $300,000

Goods available for sale $500,000

Less: Ending merchandise inventory $175,000

Cost of goods sold $325,000

b)

                              Wave Board Manufacturing

                               Partial Income Statement

                           For year ended Dec-31,2017

Cost of goods sold :

Beginning finished goods inventory $500,000

Add: Cost of goods manufacture $875,000

Goods available for sale $1,375,000

Less: Ending finished inventory $$225,000

Cost of goods sold $1,150,000

We simply applied the above format

employees use applications that are uniformed so that they are able to look over them more quickly because the do not want to spend a long time reading through the applications so they get all the infomation that the are looking for on the application they made so the do not have to read about unnessacary infomaton. so to make it simple it them find the person that they want to hirer faster with out wasting time.

i hope this i spelt things wrong i believe but this is why

mark me brainliest.

this website has me so much feel free to keep asking questions

answer( isp );