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	$210,730
Selling expenses	70,390
Administrative expenses	37,210
Sales	448,370
Finished goods inventory, January 1	50,670
Finished goods inventory, January 31	46,180

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

Bandera Manufacturing Company
Cost of Goods Sold
January 31
	$
	$
	$

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

Bandera Manufacturing Company
Gross Profit
January 31
	$
	$

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

Bandera Manufacturing Company
Net Income
January 31
		$
Operating expenses:
	$
Total operating expenses
		$