GrandSlam, Inc, incurred the following costs during March Selling expenses Direct labor Interest expense Manufacturing overmead, actual Raw materials used $156,800 289,000 40,300 115,520 497,000 121,200 During the month, 19, 100 units of product were manufactured and 11 700 units of product were sold On March 1 Grands am Inc. carried ? ve tones. On March 31 there were no inventories or raw materials or work process. Required: a. Calculate the cost of goods manufactured during March and the average cost per unit of product manufactured. (Round "Average cost per unit" to 2 decimal places.) Cost of goods manufactured Average cost per unit b. Calculate the cost of goods sold during March. (Round "Average cost per unit" to 2 decimal places.) c-1. Calculate the difference between cost of goods manufactured and cost of goods sold. (Round "Average cost per unit" to 2 decimal places.) c-2. How will this amount be reported in the financial statements? Finished goods inventory Raw materials inventory Work in progress inventory d. Prepare a aditional absorption noorme s atement for GrandSlam c fo the month of June. Assume that sales for the month were $1,0 9 000 and tho company's effective come tax rate as 30% Round "Average cost per unit" to 2 decimal places. Absorption Income Statement For the month of March