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ods 000 Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March. b. Determine the cost of goods sold
ods 000 Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March. b. Determine the cost of goods sold for March. EX 15-16 Cost of goods sold, profit margin, and net income for a manufacturing company 34,900 30,000 45,700 Obj. 3 The following information is available for Bandera Manufacturing Company for the month ending January 31: Cost of goods manufactured Selling expenses Administrative expenses Sales Finished goods inventory, January 1 Finished goods inventory, January 31 $4,490,000 530,000 340,000 6,600,000 880,000 775,000 For the month ended January 31, determine Bandera Manufacturing's (a) cost of goods sold, (b) gross profit, and (c) net income.
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