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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

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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 ending January 31: Cost of goods manufactured $174,970 Selling expenses 58,450 Administrative expenses 30,900 Sales 372,280 Finished goods inventory, January 1 42,070 Finished goods Inventory, January 31 38,340 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income. Bandera Manufacturing Company Cost of Goods Sold January 31 (b) Bandera Manufacturing Company Gross Profit January 31 (b) Bandera Manufacturing Company Gross Profit January 31 B (0) Bandera Manufacturing Company Net Income January 31 Operating expenses: Total operating expenses Previo Check My Work Email Instructor Save and Ext Submit Ass All work saved

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