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Chapter 15 TOUULUU Obj. 4 A. Cost of goods sold, $4,595,000 EX 15-17 Cost of goods sold, profit margin, and net income for a manufacturing
Chapter 15 TOUULUU Obj. 4 A. Cost of goods sold, $4,595,000 EX 15-17 Cost of goods sold, profit margin, and net income for a manufacturing company The following information is available for Bandera Manufacturing Company for the m ending January 31: Cost of goods manufactured $4,490,000 Selling expenses 530,000 Administrative expenses 340,000 Sales 6,600,000 Finished goods inventory, January 1 880,000 Finished goods inventory, January 31 775,000 SNOW ME HOW For the month ended January 31, determine Bandera Manufacturing's (A) cost of good sold, (B) gross profit, and (C) net income
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