Determine renterias cost of goods sold and gross profit

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Reference no: EM13132798

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: EM13132798

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