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Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. Sales price per unit $ 300 per

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

Sales price per unit $ 300 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 $80) 260,000
Total $ 698,750
Manufacturing costs this year
Direct materials $ 50 per unit
Direct labor $ 62 per unit
Overhead costs this year
Variable overhead $ 3,400,000
Fixed overhead $ 7,000,000
Selling and administrative costs this year
Variable $ 1,450,000
Fixed 4,200,000

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3. Fill in the blanks: The dollar difference in variable costing income and absorption costing income = units fixed overhead per unit

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