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4 ! Part 2 of 2 2 points Skipped eBook Hint Print References Required information [The following information applies to the questions displayed below.]
4 ! Part 2 of 2 2 points Skipped eBook Hint Print References Required information [The following information applies to the questions displayed below.] Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,000 units $135) Fixed (3,000 units * $75) Total Manufacturing costs this year Direct materials Direct labor Overhead costs this year Variable overhead Fixed overhead Selling and administrative costs this year Variable Fixed $ 300 per unit 100,000 units 103,000 units 3,000 units $ 405,000 225,000 $ 630,000 $ 48 per unit $ 60 per unit $3,600,000 $7,400,000 $1,400,000 4,400,000 2. Prepare the current-year income statement for the company using absorption costing.
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