Chapter 6 question 4Oak mart, a producer of solid oak tables, reports the following data from its second year of business.The blue chart has tons of fill in the blanks goes all the way down and ends with fixed costs added to (subtracted from) inventory blank

pter 6 Homework Saved Help Save & Exit Submit Check my work 4 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 t 2 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 its Overhead costs this year Variable overhead $3,400,000 Skipped Fixed overhead $7,600, 000 Selling and administrative costs this year Variable $1, 450, 000 Fixed 4, 600, 000 eBook Hint Print 2. Prepare the current-year income statement for the company using absorption costing OAK MART COMPANY Absorption Costing Income Statement