Help Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs 329 per unit 115,800 units 118,000 units 3,000 units Variable (3,000 units x $135) Fixed (3,000 units $80) Total $405,0e9 46,86 645,000 Manufacturing costs this year Direct materials Direct labor Overhead costs this year 40 per unit 62 per unit Variable overhead Fixed overhead $3,220,00 $7,400,000 selling and administrative costs this year Variable Fixed $1,416,000 4,600,000 2. Prepare the current year income statement for the company using absorption costing OAK MART COMPANY Absorption Costing Income Statement