Question
Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Bandera Manufacturing Company for the month
Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Bandera Manufacturing Company for the month ending January 31: Cost of goods manufactured $142,410 Selling expenses 47,570 Administrative expenses 25,150 Sales 302,990 Finished goods inventory, January 1 34,240 Finished goods inventory, January 31 31,210 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income. (a) Bandera Manufacturing Company Cost of Goods Sold January 31 $fill in the blank 343f5407006f059_2 fill in the blank 343f5407006f059_4 $fill in the blank 343f5407006f059_6 fill in the blank 343f5407006f059_8 $fill in the blank 343f5407006f059_10
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