Ramort Company reports the following cost data for its single product. The company regularly sells 19,500 units of its product at a price of $59.00 per unit.

Direct materials Direct labor Overhead costs for the year $9.90 per unit $ 11.90 per unit Variable overhead Fixed overhead per year $ 2.90 per unit $36,100.00 Selling and adminstrative costs for the year Variable Fixed $1.90 per unit $ 65,100 Normal production level (in units) 19,500 units Compute gross margin under absorption costing. (Round unit cost amounts to 2 decimal places.) volume t of goods sold 19,500 units Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead per unit Cost of goods sold per unit Number of units sold Total cost of goods sold RAMORT COMPANY Income Statement (partial) Sales v 19,500 units Sales Cost of goods sold Gross margin