Chapter 6 question 3Oak mart, a producer of solid oak tables, reports the following data from its second year of business. The blue chart goes all the way down with tons of fill in the blanks and ends with net income (loss) amount fill in the blank

Fportal%252... Readin ter 6 Homework i Saved Help Save & Exit Submit Check my work Sales price per unit 320 per unit Units produced this year 105,000 units Units sold this year 108, 250 units Units in beginning-year inventory 3,250 units Beginning inventory costs Variable (3, 250 units x $135) $ 438, 750 1 of 2 Fixed (3,250 units x $75) 243, 750 Total $ 682,500 Manufacturing costs this year Direct materials 44 per unit Direct labor 68 per unit Overhead costs this year Variable overhead $3,400, 000 ipped Fixed overhead $7, 600, 000 Selling and administrative costs this year Variable $1,450, 060 Fixed 4,600,000 Book Hint Print 1. Prepare the current-year income statement for the company using variable costing. OAK MART COMPANY Variable Onetina Incama Statement