ing the most recent year, Beyta Company had the following data: Units in beginning Inventory Units produced Units sold ($60 per unit) Variable costs per unit: Direct materials Direct labor Variable overhead Fixed costs: Fixed overhead per unit produced Fixed selling and administrative 10,000 8,800 $12 $7 $5 $8 $138,000 Required: 1. Calculate the cost of goods sold under absorption costing. 2. Prepare an income statement using absorption costing. Beyta Company Income Statement under Absorption Costing For the Most Recent Year