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Everything filled in is correct, I just need to know the category above Total variable expense in addition to the numerical blanks. QS 6-7 Variable

image text in transcribed Everything filled in is correct, I just need to know the category above "Total variable expense" in addition to the numerical blanks.

QS 6-7 Variable costing and contribution margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product at a price of $60 per unit. Direct materials Direct labor Overhead costs for the yea:r 10 per unit 12 per unit 3 per unit Variable overhead Fixed overhead per year $40,000 Selling and adminstrative costs for the year 2 per unit Variable Fixed $65,200 Normal production level (in units) 20,000 units Compute contribution margin under variable costing RAMORT COMPANY Contribution margin Sales $ 1,200,000 ess: Variable expenses Variable manufacuring expense Variable selling and administrative expense 40,000 otal variable expense 40,000 Contribution margin

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