Required information [The following information applies to the questions displayed belowj 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 320 per unit 110,000 units 113,500 units 3,500 units Variable (3,500 units x $130) Fixed (3,500 units x $75) Total $ 455,000 262,500 $ 717,500 Manufacturing costs this year Direct materials Direct labor Overhead costs this year 48 per unit 64 per unit Variable overhead Fixed overhead $3,200,000 $7,600,000 Selling and administrative costs this year Variable Fixed $1,350,000 4,000,000