Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company

The following information is available for Aricanly Manufacturing Company for the month ending January 31:

Cost of goods manufactured	$246,880
Selling expenses	82,470
Administrative expenses	43,600
Sales	525,270
Finished goods inventory, January 1	59,360
Finished goods inventory, January 31	54,100

a. For the month ended January 31, determine Aricanlys cost of goods sold.

Aricanly Manufacturing Company
Cost of Goods Sold
January 31
	$fill in the blank f77078fe2fa7fd5_2
	fill in the blank f77078fe2fa7fd5_4
	$fill in the blank f77078fe2fa7fd5_6
	fill in the blank f77078fe2fa7fd5_8
	$fill in the blank f77078fe2fa7fd5_10

b. For the month ended January 31, determine Aricanlys gross profit.

Aricanly Manufacturing Company
Gross Profit
January 31
	$fill in the blank 314b5403ff9006a_2
	fill in the blank 314b5403ff9006a_4
	$fill in the blank 314b5403ff9006a_6

c. For the month ended January 31, determine Aricanlys net income.

Aricanly Manufacturing Company
Net Income
January 31
		$fill in the blank 83ad770caf9306d_2
Operating expenses:
	$fill in the blank 83ad770caf9306d_4
	fill in the blank 83ad770caf9306d_6
Total operating expenses		fill in the blank 83ad770caf9306d_7
		$fill in the blank 83ad770caf9306d_9