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EX 18-16 Cost of goods sold, profit margin, and net income for a manufacturing OBJ.3 of goods 6,000 company The following information is available for

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EX 18-16 Cost of goods sold, profit margin, and net income for a manufacturing OBJ.3 of goods 6,000 company The following information is available for Vogt Manufacturing Company for the month ending July 31, 2014: Cost of goods manufactured Selling expenses Administrative expenses Sales Finished goods inventory, July 1 Finished goods inventory, July 31 $360,000 114,750 60,750 729,000 81,000 75,000 For the month ended July 31, 2014, determine Vogt's (a) cost of goods sold, (b) gross profit, and (c) net income

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