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Question: cost of goods sold profit margin and net income for...

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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 Selling expenses Administrative expenses Sales Finished goods inventory, January 1 Finished goods inventory, January 31 For the month ended January 31, determine Banderas (a) cost of goods sold, (b) gross profit, and (c) net income. $146,540 48,950 25,880 311,780 35,230 32,110 Bandera Manufacturing Company Cost of Goods Sold January 31Bandera Manufacturing Company Gross Profit Bandera Manufacturing Company Net Income January 31 Operating expenses: Total operating expenses

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