GrandSlam Incorporated incurred the following costs during March:

During the month, $18,900$ units of product were manufactured and $10,600$

units of product were sold. On March $1,$ GrandSlam carried no inventories.

On March $31,$ there were no inventories for raw materials or work in process.

Required:

a$.$ Calculate the cost of goods manufactured during March and the average

cost per unit of product manufactured.

b$.$ Calculate the cost of goods sold during March.

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 GrandSlam for the

month of March. Assume that sales for the month was $$1,032,000$ and the

company's effective income tax rate was $35\%.$