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Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information...

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 $146,950 Selling expenses 49,090 Administrative expenses 25,950 Sales 312,660 Finished goods inventory, January 1 35,330 Finished goods inventory, January 31 32,200 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income.

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