eBook Show Me How 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 $153,760 Selling expenses 51,360 Administrative expenses 27,150 Sales 327,150 Finished goods inventory, January 1 36,970 Finished goods inventory, January 31 33,700 a. For the month ended January 31, determine Aricanly's cost of goods sold. Aricanly Manufacturing Company Cost of Goods Sold January 31 b. For the month ended January 31, determine Aricanly's gross profit. Aricanly Manufacturing Company Gross Profit