Determine renterias cost of goods sold

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Question - The following information is acailable for Renteria Manufacturing Company for the month ending March 31, 2008

Cost of goods manufactured- 265000 Selling Expenses- 85,000 Administrative Expenses- 45,000 Sales-540,000 Finished goods inventory, March 1- 60,000 Finished goods inventory, March 31 55,000

For the month ended in March 31, 2008, determine Renterias a. cost of goods sold b. gross profit and c. net income.

Reference no: EM131802428

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