per Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs 320 unit 115,000 units 118,000 units 3,000 units Variable (3,000 units x $135) Fixed (3,000 units $80) Total $ 405,000 240,000 $645,000 Manufacturing costs this year 40 unit Direct materials Direct labor Overhead costs this year unit Variable overhead Fixed overhead $3,220,000 $7,400,000 Selling and administrative costs this year Variable Fixed $1,416,000 4,600,000 2. Prepare the current year income statement for the company using absorption costing OAK MART COMPANY Absorption Costing Income Statement Sales 37,760,000 ess: Cost of goods sold Beginning inventoryy Manufacturing costs this year: Direct labor This is a numeric cell, so please enter numbers only Net income (loss Fixed costs added to(subtracted from) inventor