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Cost of Goods Sold, Profit Margin, and Net Income for a Manufacturing Company The following information is available for Crouching Alligator Manufacturing Company for the

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

The following information is available for Crouching Alligator Manufacturing Company for the month ending October 31, 2016: Cost of goods manufactured $450,000 Selling expenses 144,500 Administrative expenses 75,900 Sales 911,250 Finished goods inventory, October 1 101,250 Finished goods inventory, October 31 93,800

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