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Please help with the below. Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Bandera

Please help with the below.

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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 $172,550 Selling expenses 57,640 Administrative expenses 30,470 Sales 367,130 Finished goods inventory, January 1 41,490 Finished goods inventory, January 31 37,810 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income. (a) Bandera Manufacturing Company Cost of Goods Sold January 31 Finished goods inventory, January 1 v Cost of goods manufactured v Cost of finished goods available for sale v Less finished goods inventory, January 31 v Cost of goods sold v(b) Bandera Manufacturing Company Gross Profit January 31 Sales v Cost of goods sold v Gross profit Feedback (c) Bandera Manufacturing Company Net Income January 31 Gross profit Operating expenses: Selling expenses v Administrative expenses v Total operating expenses Net income v

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