2. Quiz_18 eBook Income Statements and Firm Performance: Variable and Absorption Costing Jellison Company had the following operating data for its first two years of operations: Variable costs per unit: Direct materials Direct labor Variable overhead Fixed costs per year: Overhead 4.00 $2.90 1.50 180,000 Selling and administrative 70,500 Jellison produced 90,000 units in the first year and sold 80,000. In the second year, it produced 80,000 units and sold 90,000 units. The selling price per unit each year was $12. Jellison uses an actual