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QS 19-7 Varlable costing and contribution margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sels 16,500

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QS 19-7 Varlable costing and contribution margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sels 16,500 units of its product at a price of $53.00 per unit Direct materials Direct labor Overhead costs for the year 9.30 per unit s 11.30 per unit Variable overhead Fixed overhead per year $ 2.30 per unit 16, 900 Selling and adminstrative costs for the year Variable Fixed s T.30 per unit $64,500 Normal production level (in units) 16, 500 units Compute contribution margin under variable costing RAMORT COMPANY Contribution margin Compute contribution margin under variable costing RAMORT COMPANY Contribution margin

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