QS 199 (Algo) Computing gross profit under absorption costing LO P2 Compute gross profit under absorption costing

12 Pert 1 of 4 4 polnts e Sook References Check my Required information use the following information for the Quick Study below. (Algo) (The following information applies to the questions displayed below.) Ramort Company reports the following for its single product Ramort produced and sold 21,200 units this year. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Sales price s 16 s 18 s 42,400 s 66,400 s 78 per unit per unit per unit per year per unit per year per unit QS 199 (Algo) Computing gross profit under absorption costing LO P2 Compute gross profit under absorption costing. RAMORT COMPA Gross Profit Ab Sales Cost of goods sold Gross profit on Costing