3. Cost data during May is as follows: Raw materials $60,000 Direct labor 120,000 Manufacturing overhead 60,000 Selling Expense 35,400 Administrative expenses 22,000 Interest expense 12,500 During the month of May, 6,000 units of product were manufactured and 5,500 units of product were sold. On May 1, Cockpit carried no inventories. a. Calculate the cost of goods manufactured during May and the average cost per unit of product manufactured. b. Calculate the cost of goods sold during May