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Ramort Company reports the following cost data for its single product. The company regularly sells 15,000 units of its product at a price of $50.00

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Ramort Company reports the following cost data for its single product. The company regularly sells 15,000 units of its product at a price of $50.00 per unit. Direct materials Direct labor Overhead costs for the year $ 9.00 per unit $11.00 per unit Variable overhead Fixed overhead per year $ 2.00 per unit $ 10,000 Selling and adminstrative costs for the year $ 1.00 per unit $ 64,200 Variable Fixed Normal production level (in units) 15,000 units Compute contribution margin under variable costing RAMORT COMPANY Contribution margin

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