Maryville Incorporated incurred the following costs during June:Raw materials usedDirect laborManufacturing overhead, actualSelling expensesAdministrative expensesInterest expense$ 331,000652,000448,000267,000194,00091,000During the month, 53,000 units of product were manufactured and 48,000 units of product were sold. On June 1, Maryville carried noInventories. On June 30, there were no inventories other than finished goods.Required:a. Calculate the cost of goods manufactured during June and the average cost per unit of product manufactured.b. Calculate the cost of goods sold during June.c. Calculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in thefinancial statements?d. Prepare a traditional (absorption) income statement for Maryville for the month of June. Assume that sales for the month was$2,448,000 and the company's effective income tax rate was 30%.Complete this question by entering your answers in the tabs below.Req A and BReq CReq DCalculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in thefinancial statements?DifferenceAmount will be reported in< Req A and BReq D >

Name: Maryville Incorporated incurred the following costs during June:Raw m
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Maryville Incorporated incurred the following costs during June:Raw materials usedDirect laborManufacturing overhead, actualSelling expensesAdministrative expensesInterest expense$ 331,000652,000448,000267,000194,00091,000During the month, 53,000 un