Absorption-Costing Income Statement During the most recent year, Beyta Company had the following data: Units in beginning inventory Units produced 10,000 Units sold ($60 per unit) 8,800 Variable costs per unit: Direct materials $12 Direct labor $7. Variable overhead $5 Fixed costs: Fixed overhead per unit produced $8 Fixed selling and administrative $138,000 Required: 1. Calculate the cost of goods sold under absorption costing. y 2. Prepare an income statement using absorption costing. Beyta Company Income Statement under Absorption Costing For the Most Recent Year Check My Work 3 more Check My Work uses remaining