5. George's Garage incurred the following costs during May: Raw Materials $45,000 Direct Labor $115,000 Manufacturing Overhead $56,000 Selling Expenses $35,400 Administrative Expenses $22,600 Interest Expense $12,500 During the month, 6,000 units of product were manufactured and 5,500 units of product were sold. On May 1, George's 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. (c.) Where in the financial statements will the difference between cost of goods manufactured and cost of goods sold be classified