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 20,400 units this year. Direct materials 5 12 per unit Direct labor $ 14 per unit Variable overhead $ 5 per unit Fixed overhead $ 40,800 per year Variable selling and administrative expenses $ 4 per unit Fixed selling and administrative expenses $ 65,600 per year Sales price $ 66 per unit QS 19-12 (Algo) Variable costing and contribution margin LO C1 Ramont doubles its production from 20,400 to 40,800 units while sales remain at the current 20,400 unit level. (a) Compute contribution margin when production is 40,800 units under variable costing. (b) What is the change in contribution margin by increasing production from 20,400 units to 40,800 units under variable costing? Required A Required B Compute contribution margin when production is 40,800 units under variable costing. RAMORT COMPANY Contribution Margin (Variable Costing) Variable expenses Contribution margin Required >