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Sales price per unit Units produced this year Units sold this year Variable selling and administrative expenses Fixed selling and administrative expenses Direct materials. Direct

Sales price per unit Units produced this year Units sold this year Variable selling and administrative expenses Fixed selling and administrative expenses Direct materials. Direct labor Variable overhead Fixed overhead $ 385 per unit 129,000 units 129,000 units $ 25 per unit $ 4,665,000 per year $ 53 per unit $ 75 per unit $ 41 per unit $ 9,288,000 per year 1. Prepare the current-year income statement using variable costing. Income OAK MART Income Statement (Variable Costing) 0 apples to questions displayed below.j Oak Mart, a producer of solid oak tables, reports the following data from its first year of bu Sales price per unit Units produced this year Units sold this year Variable selling and administrative expenses Fixed selling and administrative expenses Direct materials Direct labor Variable overhead Fixed overhead $385 per unit 129,000 units 129,000 units $25 per unit $ 4,665,000 per year $ 53 per unit $ 75 per unit $ 41 per unit $ 9,288,000 per year 2. Prepare the current-year income statement using absorption costing. Income OAK MART Income Statement (Absorption Costing)

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