Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Ramort Company reports the following for its single product. Ramort produced and sold 23,000 units this year. QS 19-10 (Algo) Absorption costing and overproduction LO C1 Ramort doubles its production from 23,000 to 46,000 units while sales remain at the current 23,000 unit level. (a) Compute gross profit when production is 46,000 units under absorption costing. (b) What is the change in gross profit by increasing production from 23,000 units to 46,000 units under absorption costing? Compute gross profit when production is 46,000 units under absorption costing