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The following information is available for Aricanly Manufacturing Company for the month ending January 31: Cost of goods manufactured $207,330 Selling expenses 69,260 Administrative expenses
The following information is available for Aricanly Manufacturing Company for the month ending January 31: Cost of goods manufactured $207,330 Selling expenses 69,260 Administrative expenses 36,610 Sales 441,120 Finished goods inventory, January 1 49,850 Finished goods inventory, January 31 45,440 a. For the month ended January 31, determine Aricanly's cost of goods sold. Aricanly Manufacturing Company Cost of Goods Sold January 31 Feedback b. For the month ended January 31, determine Aricanly's gross profit. Aricanly Manufacturing Company Gross Profit January 31 c. For the month ended January 31, determine Aricanly's net income. Aricanly Manufacturing Company Net Income January 31 Operating expenses: Total operating expenses
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