Required information Exercise 19-7 Income reporting under absorption costing and variable costing LO P2 Skip to question [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 $ 320 per unit Units produced this year 105,000 units Units sold this year 108,500 units Units in beginning-year inventory 3,500 units Beginning inventory costs Variable (3,500 units $140) $ 490,000 Fixed (3,500 units $75) 262,500 Total $ 752,500 Manufacturing costs this year Direct materials $ 44 per unit Direct labor $ 66 per unit Overhead costs this year Variable overhead $ 3,600,000 Fixed overhead $ 7,600,000 Selling and administrative costs this year Variable $ 1,500,000 Fixed 4,000,000 Exercise 19-7 Part 3 3. Fill in the blanks:

The dollar difference in variable costing income and absorption costing income =			units			fixed overhead per unit.