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 Variable (3,750 units x $140) Fixed (3,750 units * $70) Total Manufacturing costs this year Direct materials Direct labor Overhead costs this year Variable overhead Fixed overhead Selling and administrative costs this year Variable Fixed 310 per unit 115,000 units 118,750 units 3,750 units $ 525,000 262,500 $ 787,500 $ 42 per unit $ 66 per unit $3,600,000 $7,000,000 $1,400,000 4,400,000