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Required information. [The following information applies to the questions displayed below.] Ramort Company reports the following for its single product. Ramort produced and sold

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Required information. [The following information applies to the questions displayed below.] Ramort Company reports the following for its single product. Ramort produced and sold 22,800 units this year. Direct materials Direct labor Variable overhead Fixed overhead. Variable selling and administrative expenses Fixed selling and administrative expenses Sales price $ 24 per unit $ 26 per unit $ 17 per unit $ 45,600 per year $ 4 per unit $ 68,000 per year $ 102 per unit Ramort doubles its production from 22,800 to 45,600 units while sales remain at the current 22,800 unit level. (a) Compute gross profit when production is 45,600 units under absorption costing. (b) What is the change in gross profit by increasing production from 22,800 units to 45,600 units under absorption costing? Complete this question by entering your answers in the tabs below. Required A Required B Compute gross profit when production is 45,600 units under absorption costing. RAMORT COMPANY Gross Profit (Absorption Costing) < Prev 2 3 4 of 25 Next >

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