Ramort Company reports the following cost data for its single product. The company regularly sells 20,500 units of its product at a price of $61.00 per unit.

Direct materials	$	10.10	per unit
Direct labor	$	12.10	per unit
Overhead costs for the year
Variable overhead	$	3.10	per unit
Fixed overhead per year	$	44,100
Selling and adminstrative costs for the year
Variable	$	2.10	per unit
Fixed	$	65,300
Normal production level (in units)		20,500	units

Compute contribution margin under variable costing.

Ramort Company

Contribution margin

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