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cost of good sold, profit margin, and net income for manufacturing company ...

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Accounting

cost of good sold, profit margin, and net income for manufacturing company
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Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Gonzalez Manufacturing Company for the month ending July 31, 2016: Cost of goods manufactured $212,930 Selling expenses 71,130 Administrative expenses 37,600 Sales 453,040 Finished goods inventory, July 1 51,190 Finished goods inventory, July 31 46,660 For the month ended July 31, 2016, determine Gonzalez's (a) cost of goods sold, (b) gross profit, and (c) net income. (a) Gonzalez Manufacturing Company Cost of Goods Sold July 31, 2016 (b) Gonzalez Manufacturing Company Gross Profit Jy 31, 2016 Previous Next > Calculator (b) Gonzalez Manufacturing Company Gross Profit July 31, 2016 Sales Cost of goods sold Gross profit (c) Goralez Manufacturing Company Net Income July 31, 2016 Gross profit Operating expenses: Selling expenses Administrative expenses Total operating expenses Net Income All work saved

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