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Maryville inc. Incurred the following costs during August: During the month, 5,300 units of product were manufactured and 4,800 units of product were sold. On

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Maryville inc. Incurred the following costs during August: During the month, 5,300 units of product were manufactured and 4,800 units of product were sold. On August 1, Marywille carrled no Inventories. On August 31, there were no inventorles 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 financlal statements? d. Prepare a traditional (absorption) income statement for Maryville for the month of August. Assume that sales for the month were $244.800 and the company's effectlve income tax rate was 30%. Complete this question by entering your answers in the tabs below. Prepare a traditional (absorption) income statement for Maryville for the month of August. Assume that sales for the month were $244,800 and the company's effective income tax rate was 30%

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