During the most recent year, Osterman Company had the following data: Units in beginning inventory Units produced 10,000 Units sold ($47 per unit) 9,300 Variable costs per unit: Direct materials Direct labor Variable overhead 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 Variable-Costing Income Statement During the most recent year, Osterman Company had the following data: Units in beginning inventory Units produced 10,000 Units sold (547 per unit) 9,300 Variable costs per unit Direct materials Direct labor Variable overhead Aixed costs fixed overhead per unit produced Fixed selling and administrative $138.000 Required: 1. Calculate the cost of goods sold under variable costing. e R ositium 2. Prebe an income statement sig variabile d Osterman Company Income Statement under Variable Costing For the Most Recent Year