Please fill in the blanks with numbers

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 cost 300 per unit 120,000 units 124,000 units 4,000 units Variable (4,000 units x $135) Fixed (4,000 units x $75) Total 540,000 300,000 $840,000 Manufacturing costs this year Direct materials Direct labor Overhead costs this year 44 per unit 64 per unit Variable overhead Fixed overhead $3,400,000 $7,400,000 Selling and administrative costs this yeair Variable Fixed $1,350,000 4,000,000 Exercise 19-7 Part 1 1. Prepare the current-year income statement for the company using variable costing Variable Costing Income Statement Sales Less: Variable costs Beginning inventory Variable costs Manufacturing costs this year Direct materials Direct labor Variable overhead costs Total variable costs available Less: Ending finished goods inventory Variable cost of goods sold Variable selling and administrative expenses otal variable costs Contribution margin Less: Fixed expenses Fixed overhead costs Fixed selling and administrative costs Net income (loss) OAK MART COMPANY Absorption Costing Income Statement Sales ess: Cost of goods sold Beginning inventory Manufacturing costs this year Direct materials Direct labor Variable overhead costs Fixed overhead costs Less: Ending inventory ost of goods sold Gross margin Selling general and administrative expenses Fixed selling and administrative costs Variable selling and administrative expenses Net income (loss) et income under variable costing is higher than net income under absorption costing by: Fixed costs added to(subtracted from) inventory