Cost of Goods Sold , Profit margin , and Net Income for a Manufacturing Company The following information is available for Bandera Manufacturing...
Please deteminde bandera's (a)cost of goods sold (b) gross profit (c) net income
Cost of Goods Sold , Profit margin , and Net Income for a Manufacturing CompanyThe following information is available for Bandera Manufacturing Company for the month ending January 31 :Cost of goods manufactured$ 299 , 610Selling expenses100 , 080Administrative expenses52, 910Sales637, 460Finished goods inventory , January 172, 030Finished goods inventory , January 3165, 660For the month ended January 31 , determine Bandera's ( a ) cost of goods sold , ( b ) gross profit , and ( C ) net income .( a )Bandera Manufacturing CompanyCost of Goods SoldJanuary 31
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