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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

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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. $ 320 per unit 105,000 units 108,750 units 3,750 units $ Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,750 units x $135) Fixed (3,750 units X $75) Total Manufacturing costs this year Direct materials Direct labor Overhead costs this year Variable overhead Fixed overhead Selling and administrative costs this year Variable Fixed 506,250 281, 250 787,500 $ $ $ 48 per unit 62 per unit $3,400,000 $7,600,000 $1,450,000 4,000,000 ! Required information OAK MART COMPANY Variable Costing Income Statement Beginning inventory Manufacturing costs this year 0 TTT Required information 0 Net income (loss)

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