Ramort Company reports the following cost data for its single product The company regularly sells 17,000 units of its product at a price of $54.00 per unit. 9.4 per unit 11.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and adninistrative costs for the year Variable Fixed Normal production level (in units) 2.40 per unit $19,600.00 1.40 per unit 64,600 17,000 units Compute gross margin under absorption costing. (Round unit cost amounts to 2 decimal places.) Production volume Cost of goods sold: 17.000 units Cost of goods sold per unt Number of units sold Total cost of goods sold RAMORT COMPANY Income Statement (partial Sales volume 17,000 units