Req A1 ReqA2 to C > a2. calculate the average cost per unit produced. (Round your answer to 2 decimal places.) b. Calculate the cost of goods sold during March. c. Where in the financial statements will the difference between cost of goods manufactured and cost of goods sold be classified? Partridge, Incorporated incurred the following costs during March: Manufacturing overhead is applied on the basis of $8.50 per direct labor hour. Assume that overapplied or underapplied overhead is transferred to cost of goods sold only at the end of the year. During the month, 3,500 units of product were manufactured and 3,400 units of product were sold. On March 1 and March 31, Partridge carried the following inventory balances: Required: a. Prepare a Statement of Cost of Goods Manufactured for the month of March, and calculate the average cost per unit produced. b. Calculate the cost of goods sold during March. c. Where in the financial statements will the difference between cost of goods manufactured and cost of goods sold be classified? Prepare a Statement of Cost of Goods Manufactured for the month of March. (Amounts to be deducted should be indicated by minus sign.)