Maryville, Inc., incurred the following costs during August:

Raw materials used	$	34,300
Direct labor		88,900
Manufacturing overhead, actual		44,800
Selling expenses		28,490
Administrative expenses		21,010
Interest expense		9,300

During the month, 5,600 units of product were manufactured and 4,100 units of product were sold. On August 1, Maryville, Inc., carried no inventories. On August 31, there were no inventories 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-1. Calculate the difference between cost of goods manufactured and cost of goods sold

c-2. How will this amount be reported in the financial statements?

A)	Finished goods inventory
B)	Work in progress inventory
C)	Raw materials inventory

d. Prepare a traditional (absorption) income statement for Maryville, Inc., for the month of August . Assume that sales for the month were $263,338 and the company's effective income tax rate was 35%.