Required information Exercise 6-11 (Algo) Absorption costing and variable costing income statements LO P2 [The following information applies to the questions displayed below] Oak Mart, a producer of solid oak tables, reports the following data from its first year of business. Required information Required information Exercise 6-11 (Algo) Absorption costing and variable costing income statements LO P2 [The following information applies to the questions displayed below] Oak Mart, a producer of solid oak tables, reports the following data from its first vear of husiness: 2. Prepare the current-year income statement using absorption costing