Buck & Company incurred the following costs during August:

Raw materials purchased	$	40,320
Direct labor ($13.9 per hour)		61,994
Manufacturing overhead (actual)		90,360
Selling expenses		31,830
Administrative expenses		14,030
Interest expense		6,447

Manufacturing overhead is applied on the basis of $19 per direct labor hour. Assume that overapplied or underapplied overhead is transferred to cost of goods sold only at the end of the year. During the month, 4,120 units of product were manufactured and 4,590 units of product were sold. On August 1 and August 31, Buck & Company carried the following inventory balances:

	August 1			August 31
Raw materials	$	19,100		$	17,700
Work in process		53,400			57,900
Finished goods		41,800			20,815

Required:

a-1. Prepare a statement of cost of goods manufactured for the month of August. (Amounts to be deducted should be indicated by minus sign.)

a-2. Calculate the average cost per unit of product manufactured. (Round your answer to 2 decimal places.)

b. Calculate the cost of goods sold during August.

c-1. Calculate the difference between cost of goods manufactured and cost of goods sold. (Round intermediate calculations 2 decimal places.)

d. Prepare a traditional (absorption) income statement for Buck & Company for the month of August. Assume that sales for the month were $287,400 and the company's effective income tax rate was 40%.