Ramort Company reports the following cost data for its single product. The company regularly sells 21,500 units of its product at a price of $63.00 per unit.

Direct materials $ 10.30 per unit

Direct labor $ 12.30 per unit

Overhead costs for the year

Variable overhead $ 3.30 per unit

Fixed overhead per year $ 52,900

Selling and adminstrative costs for the year

Variable $ 2.30 per unit

Fixed $ 65,500

Normal production level (in units) 21,500 units

Compute contribution margin under variable costing.