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7 Maryville Inc. incurred the following costs during August: Raw materials used Direct labor Manufacturing overhead, actual Selling expenses Administrative expenses Interest expense $ 33,000

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7 Maryville Inc. incurred the following costs during August: Raw materials used Direct labor Manufacturing overhead, actual Selling expenses Administrative expenses Interest expense $ 33,000 94,100 44,000 22,890 25,510 9,800 Sock Print During the month, 5,900 units of product were manufactured and 4,400 units of product were sold. On August 1, Maryville carried no Inventories. On August 31, there were no inventories other than finished goods. Required: a. Calculate the cost of goods manufactured during August and the average cost per unit of product manufactured. c. Calculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in the d. Prepare a traditional (absorption) Income statement for Maryville for the month of August. Assume that sales for the month were $315,800 and the company's offective income tax rate was 40% Wences financial statements? Complete this question by entering vour answers in the tabs below. Reg A and B Reqc Req Calculate the cost of goods manufactured during August and the average cost per unit of product manufactured b. Calculate the cost of goods sold during August. (Do not round intermediate calculations.) Cost of goods manufactured Average cost per unit Cost of goods sold we ng costs during August Ints Raw materials used Direct labor Manufacturing overhead, actual Selling expenses Administrative expenses Interest expense $ 33,000 94,100 44,000 22,890 25,510 9,800 Book Print During the month, 5,900 units of product were manufactured and 4,400 units of product were sold. On August 1, Maryville carried no Inventories. On August 31, there were no inventories other than finished goods. Required: a. Calculate the cost of goods manufactured during August and the average cost per unit of product manufactured. b. Calculate the cost of goods sold during August c. Calculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in the financial statements? d. Prepare a traditional (absorption) Income statement for Maryville for the month of August. Assume that sates for the month were $315,800 and the company's effective income tax rate was 40%. eferences Complete this question by entering your answers in the tabs below. Reg A and B Regc Reg D Calculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in the financial statements? (Do not round intermediate calculations.) Difference Amount will be reported in Req A and B RegD > Required: a. Calculate the cost of goods manufactured during August and the averag b. Calculate the cost of goods sold during August c. Calculate the difference between cost of goods manufactured and cost financial statements? d. Prepare a traditional (absorption) income statement for Maryville for the $315,800 and the company's effective income tax rate was 40%. Complete this question by entering your answers in the tabs below. Req A and B Reqc Req D Prepare a traditional (absorption) income statement for Maryville for the month were $315,800 and the company's effective income tax rate was 40%. (Do not MARYVILLE INC. Absorption Income Statement For the month of August 0 0 $ 0 $ 0

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