Oak Mart, a producer of solid oak tables, reports the following data from its second year of business.

Sales price per unit	$	310	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 $135)	$	438,750
Fixed (3,250 units $70)		227,500
Total	$	666,250
Manufacturing costs this year
Direct materials	$	46	per unit
Direct labor	$	64	per unit
Overhead costs this year
Variable overhead	$	3,400,000
Fixed overhead	$	7,600,000
Selling and administrative costs this year
Variable	$	1,400,000
Fixed

Sales		$33,557,500t
Less: Variable costsselected answer correct
Beginning inventory:
Variable costs
Manufacturing costs this year
Direct materials	4,830,000
Direct labor	6,720,000
Variable overhead costs	3,400,000
Total variable costs available	14,950,000
Less: Ending finished goods inventory
Variable cost of goods sold
Variable selling and administrative expenses	1,400,000
Total variable costs		1,400,000
Contribution margin
Less: Fixed expenses
Fixed selling and administrative costs	$4,200,000
Fixed overhead costs	7,600,000
Total fixed expenses		11,800,000
Net income (loss)

can't get variable cost and variable cost of goods sold