(c) Ex 18-9 Using the following data, compute 1) The cost of goods manufactured and 2) The cost of goods sold for both Canyon Company and Rossings Company. Beginning raw materials inventory Rental cost on factory equipment Direct labour Ending finished goods inventory Ending goods in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labour Repairs- Factory equipment Raw materials purchases Sales salaries Canyon Rossings Company Company Beginning finished goods inventory $14,000 $18,450 Beginning goods in process inventory 16,500 21,950 9,250 11,000 29,000 24,750 21,000 37,000 19,650 15,300 24,000 18,000 7,300 9,200 11,000 14,000 10,200 5,200 23,000 45,000 3,250 9,660 6,780 3,500 35,000 54,000 52,000 48,000