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 Units sold this year Units in beginning-year inventory Beginning inventory costs 20 per unit 120,000 units 123.500 units 3,500 units Variable (3,500 units x $135) Fixed (3,500 units x$75) Total $ 472,500 262,500 $ 735,000 Manufacturing costs this year Direct materials Direct labor Overhead costs this year 46 per unit 68 per unit Variable overhead Fixed overhead $3,200,000 $7,600,000 Selling and administrative costs this year Variable Fixed $1,500,000 4,600,000