Saved GrandSlam Inc. incurred the following costs during March: Selling expenses Direct labor $ 31, 675 Interest expense 56, 628 Manufacturing overhead, actual 8 , 213 Raw materials used 40 , 950 92, 196 Administrative expenses 24, 600 During the month, 3,900 units of product were manufactured and 2,200 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 were $207,060 and the company's effective income tax rate was 35%. Complete this question by entering your answers in the tabs below. Req A and B Reg C Reg D Prepare a traditional (absorption) income statement for GrandSlam for the month of March. Assume that sales for the month were $207,060 and the company's effective income tax rate was 35%. (Do not round intermediate calculations.)