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Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product at a price of $60

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Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product at a price of $60 per unit. Compute gross margin under absorption costing. Refer to the information about Ramort Company in QS 6-5, If Ramort doubles its production to 40,000 unit while sales remain at the current 20,000-unit level, by how much would the company's gross margin increase or decrease under absorption costing? Refer to the information about Ramort Company in QS 6-5. Compute contribution margin under variable costing

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