Ramort Company reports the following cost data for its single product. The company regularly sells 16,000 units of its product at a price of $52.00 per unit. $ 9.20 per unit $ 11.20 per unit $ Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 2.20 per unit $ 14,400 $ 1.20 per unit $ 64,400 16,000 units Compute contribution margin under variable costing. RAMORT COMPANY Contribution margin Sales Plus: Variable expenses Fixed overhead costs Fixed selling and administrative costs Variable manufacuring expense Total variable expense Contribution margin $ 14,400 64,400 78,800