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Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. $ 320 per unit 110,eee units 113,258

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Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. $ 320 per unit 110,eee units 113,258 units 3,250 units $ 455, eee 243,750 $ 698,750 Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,258 units * $140) Fixed (3,250 units * $75) 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 $ $ 44 per unit 68 per unit $3,400, eee $7,400, eee $1,450, eee 4,208, eee OAK MART COMPANY Absorption Costing Income Statement Beginning inventory Manufacturing costs this year Net income (loss)

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