Question 14 Jeddah Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 126 Units in beginning inventory Units produced Units sold Units in ending inventory 1,900 1,800 100 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense $ S 49 28 5 S 11 Fixed costs: Fixed manufacturing overhead $ 32,300 Fixed selling and administrative expense $ 23,400 Prepare the income statement for Jeddah Corporation under variable costing? Use the editor to format your