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please help me Required information [The following information applies to the questions displayed below. ] Oak Mart, a producer of solid oak tables, reports the

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Required information [The following information applies to the questions displayed below. ] Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. Sales price per unit 5 330 per unit Units produced this year 115,000 units Units sold this year 118,500 units Units in beginningyear inventory 3,500 units Beginning inventory costs Variable (3,500 units x $135) $ 472,500 Fixed (3,500 units X $80) 280,000 Total $ 752:500 Manufacturing costs this year Direct materials $ 46 per unit Direct labor 5 64 per unit Overhead costs this Year Variable overhead $3,000,000 Fixed overhead $7,200,000 Selling and administrative costs this year Variable $1,350,000 Fixed 4,400,000 2. Prepare the current-year income statement for the company using absorption costing. Beginning inventory Manufacturing costs this year 4. -._r Net income loss

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