st 2 of 2 Book Hint Print erences: 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 Unita produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,250 units $135) Fixed (3,250 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 $ 320 per unit 110,000 units 113,250 units 3,250 units $ 438,750 243,750 $ 682,500 $ 48 per unit $ 60 per unit $3,000,000 $7,200,000 $1,300,000 4,400,000 2. Prepare the current-year income statement for the company using absorption costing.