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Required Information Use the following Information for the Qulck Study below. (Algo) [The following information applles to the questlons displayed below.] Ramort Company reports the

image text in transcribed Required Information Use the following Information for the Qulck Study below. (Algo) [The following information applles to the questlons displayed below.] Ramort Company reports the following for Its single product. Ramort produced and sold 24,000 units this year. QS 19-12 (Algo) Variable costing and overproduction LO C1 Ramort doubles Its production from 24,000 to 48,000 unlts while sales remain at the current 24,000 unit level. (a) Compute contribution margin when production is 48,000 units under varlable costing. (b) What is the change in contribution margin by Increasing production from 24,000 units to 48,000 unlts under varlable costing? Complete this question by entering your answers in the tabs below. Compute contribution margin when production is 48,000 units under variable costing

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