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Check my work 2 ! Part 2 of 2 Required information Exercise 19-7 Income reporting under absorption costing and variable costing LO P2 [The following
Check my work 2 ! Part 2 of 2 Required information Exercise 19-7 Income reporting under absorption costing and variable costing LO P2 [The following information applies to the questions displayed below.) 2.14 points Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. $ eBook 320 per unit 110,000 units 113,000 units 3,000 units Hint Print $ 390,000 225,000 615,000 References Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,000 units * $130) 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 coats this year Variable Fixed $ 50 per unit 60 per unit $3,400,000 $7,000,000 $1,450,000 4,000,000 Exercise 19-7 Part 2 Required information UAK MARI CUMPANY Absorption Costing Income Statement Part 2 of 2 2.14 points Beginning inventory Manufacturing costs this year eBook Hint Print References Net income (loss)
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