Ramort Company reports the following cost data for its single product. The company regularly sells 24,000 units of its product at price of $68.00 per unit. Direct materials $ 10. 80 per unit Direct labor 12 . 80 per unit Overhead costs for the year Variable overhead 3.80 per unit Fixed overhead per year $ 78, 400 Selling and administrative costs for the year Variable 2. 80 per unit Fixed $ 66, 000 Normal production level (in units) 24, 000 units Compute contribution margin under variable costing. RAMORT COMPANY Contribution margin