Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is avallable for Bandera Manufacturing Company for the month ending January 31 : 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 Finished goods inventory, January 1 Cost of goods manufactured Cost of finished goods available for sale Less finished goods inventory, January 31 Cost of goods sold Feedback Check My Work (b) Bandera Manufacturing Company Bandera Manufacturing Company Net Income January 31 Gross profit Operating expenses: Selling expenses Administrative expenses Total operating expenses Net income v