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 328 per unit 115,009 units 118,890 units 3,000 units Variable (3,000 units $135) Fixed (3,000 units x $80) Total 405,000 240,000 645,000 Manufacturing costs this year Direct materials Direct labor Overhead costs this year 40 per unit 62 per unit Varlable overhead 3,220,000 $7,400,000 Fixed overhead Selling and administrative costs this year Variable Fixed $1,416,000 4,600,000 1. Prepare the current- year income statement for the company using variable costing OAK MART COMPANY Variable Costing Income Statement K Prey 5 6 of 6 il Next > 1. Prepare the current-year income statement for the company using variable costing OAK MART COMPANY Variable Costing Income Statement Sales Less: Variable costs Beginning inventory Variable costs Manufacturing cost this year