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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
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 115,000 unita 118,000 units 3,000 unita $ 405,000 240.000 $ 645,000 Salon price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,000 units * $135) Fixed (3,000 units X $80) Total Manufacturing conto this year Direct materials Direct labor Overhead conto this year Variable overhead Pixed overhead Selling and administrative conto this year Variable Fixed $ $ 40 per unit 62 per unit $3,220,000 $7,400,000 $1,416,000 4,600,000 3. Fill in the blanks: 1 The dollar difference in variable costing income and absorption costing income units fixed overhead por unit
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