os 19-5 Absorption costing and gross margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sells 24,500 units of its product at a price of $69.00 per unit Direct materials Direct labor Overhead costs for the year S 10.90 per unit 12.90 per unit Variable overhead Fixed overhead per year Variable Fixed $ 3.90 per unit $84, 100.00 selling and administrative costs for the year S2.90 per unit S 66, 100 Normal production level (in units) 24, 500 units Compute gross margin under absorption costing. (Round unit cost amounts to 2 decimal places.) Production votume 24,500 units Cost of goods sold: Compute gross margin under absorption costing. (Round unit cost amounts to 2 decimal places.) Production volume 24,500 units Cost of goods sold: Cost of goods sold per unit Number of units sold Total cost of goods sold RAMORT COMPANY Income Statement (partial) Sales volume Cost of goods sold per unit Number of units sold Total cost of goods sold RAMORT COMPANY Income Statement (partial) Sales volume 24,500 units