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[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

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[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. 300 per unit 105,000 units 108,250 units 3,250 units Sales price per unit Units produced this year Units sold this year Units in beginning-year Inventory Beginning inventory costs Variable (3,250 units * $135) Fixed (3,250 units * $75) Total Manufacturing costs this year Direct materials Direct Labor Overhead costs this year Variable overhead Pixed overhead Selling and administrative costs this year Variable Fixed $ 438,750 243,750 $682,500 $ 50 per unit 68 per unit $3,000,000 $7,200,000 $1,350.000 4,400,000 2. Prepare the current year income statement for the company using absorption costing MacBook 80 F3 ODO 000 FG Q 52 ga 12 FS TO DO 55 $ A & 3 % 5 4 6 7 8 8 9 0 E 20 T Y U 0 2. Prepare the current year Income statement for the company using absorption costing. OAK MART COMPANY Absorption Costing Income Statement Beginning inventory Manufacturing costs this year MacBook #t so QOG 000 F4 F5 S. F6 00 17 DI 11 19 $ % A & 3 4 5 6 co 7 od 8 9 E R Y lomheducation.com/ext/map/index.html?con=conexternal_browser-Blaunchur https%253A%252F%252Fnewconnect.me aiz Help Required information Beginning inventory Manufacturing costs this year Net Income loss) Foxed costs added to subtracted from) inventory MERAS 80 ODO 000 FE 00 Dull FP DE 16 9 # A $ 4 3 % 5 6 & 7 > 0 00 9 CO E R T Y U 0

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