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Ramort Company reports the following cost data for its single product. The company regularly sells 22,000 units of its product at a price of $64.00

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Ramort Company reports the following cost data for its single product. The company regularly sells 22,000 units of its product at a price of $64.00 per unit. Direct materials Direct labor Overheadcosts for the year $ 10.4e per unit $ 12.40 per unit Variable overhead Fixed overhead per year $ 3.40 per unit $ 57,608 Selling and adminstrative costs for the year Variable Fixed $ 2.40 per unit ?65,600 Normal production level (in units) 22,000 units Compute contribution margin under variable costing RAMORT COMPANY Contribution margin Sales 64 ess: Variable expenses 2 Contribution margin

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