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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. S 330 per unit 120,000 units 123, 250 units 3,250 units $ 422,500 227,500 650,000 $ Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,250 units * $130) Pixed (3,250 units X $70) 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 $ $ 46 per unit 64 per unit $3,400,000 $7,400,000 $1,350,000 4,000,000 es 1. Prepare the current-year income statement for the company using variable costing. OAK MART COMPANY mework mgmiddlewa Saved Help 1. Prepare the current-year income statement for the company using variable costing, OAK MART COMPANY Variable Costing Income Statement Beginning inventory Manufacturing costs this year 0 0 Net income (los) Nay