Ramort Company reports the following cost data for its single product. The company regularly sells 23,000 units of its product at a price of $66.00 per unit. 10.60 per unit 12.60 per unit Direct materials Direct labor Overhead costs for the year Variable overhead 3.60 per unit 67,600 Fixed overhead per year Selling and adminstrative costs for the year 2.60 per unit 65,800 23,000 units Variable Fixed Normal production level (in units) Compute contribution margin under variable costing. RAMORT COMPANY Contribution margin Sales Less: Variable expenses Variable selling and administrative expense Variable manufacuring expense Variable selling and administrative expense Total variable expense Contribution margin