From the following information taken from the books of a manufacturing concern, compute the operating cycle in days: Period covered 365 days Average period of credit allowed by suppliers 16 days (Rs. in ‘000) Average debtors outstanding 480 Raw material consumption 4,400 Total production cost 10,000 Total cost of goods sold 10,500 Sales for the year 16,000 Value of average stock maintained: Raw Material 320 Work-in-progress 350 Finish

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A: Given, Total inventory = $75,000 Finished goods = $15,000 Raw materials = $40,000

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Q: c. For the month ended January 31, determine Bandera Manufacturing's net income. Bandera…

A: Solution-                                                                       Calculation of COGS…

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