AAA Plumbing Co. incurred the following costs during August:

Raw materials	$90,000
Direct labor	230,000
Manufacturing overhead	112,000
Selling expenses	70,800
Administrative expenses	45,200
Interest expense	25,000

During the month, 9,000 units of product were manufactured and 8,500 units of product were sold. On August 1, AAA Plumbing carried no inventories. (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.) Where in the financial statements will the difference between cost of goods manufactured and cost of goods sold be classified?