Absorption-Costing Income Statement During the most recent year, Osterman Company had the following data: 10,000 9,300 Units in beginning inventory Units produced Units sold ($47 per unit) Variable costs per unit: Direct materials Direct labor Variable overhead $9 $6 $4 $5 Fixed costs: Fixed overhead per unit produced Fixed selling and administrative $138,000 Required: 1. Calculate the cost of goods sold under absorption costing. $ 2. Prepare an income statement using absorption costing. Enter amounts as positive numbers. Osterman Company Income Statement under Absorption Costing For the Most Recent Year $