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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 $143,090 Selling expenses 47,800 Administrative expenses 25,270 Sales 304,440 Finished goods inventory, January 1 34,400 Finished goods inventory, January 31 31,360 a. For the month ended January 31, determine Bandera Manufacturings cost of goods sold.
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