Question
! Required information [The following information applies to the questions displayed below.] Oak Mart, a producer of solid oak tables, reports the following data
! 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 Units produced this year 310 per unit Units sold this year 115,000 units 118,250 units Units in beginning-year inventory Beginning inventory costs 3,250 units Variable (3,250 units x $135) $ 438,750 Fixed (3,250 units $75) Total Manufacturing costs this year Direct materials Direct labor Overhead costs this year Variable overhead Fixed overhead Selling and administrative costs this year 243,750 $ 682,500 es es 48 per unit $ 66 per unit $3,400,000 $7,000,000 Variable Fixed $1,300,000 4,600,000
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