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Required Information Use the following Informatlon for the Qulck Study below. (Algo) [The following information applies to the questions displayed below.] Ramort Company reports the
Required Information Use the following Informatlon for the Qulck 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 24,000 units this year. QS 19-10 (Algo) Absorption costing and overproduction LO C1 Ramort doubles its production from 24,000 to 48,000 units while sales remaln at the current 24,000 unit level. (a) Compute gross profit when production is 48,000 units under absorption costing. (b) What is the change in gross profit by Increasing production from 24,000 units to 48,000 unlts under absorption costing Complete this question by entering your answers in the tabs below. Compute gross profit when production is 48,000 units under absorption costing. Required Information Use the following Informatlon for the Qulck 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 24,000 units this year. QS 19-10 (Algo) Absorption costing and overproduction LO C1 Ramort doubles Its production from 24,000 to 48,000 units while sales remain at the current 24,000 unit level. (a) Compute gross profit when production is 48,000 units under absorption costing. (b) What is the change in gross profit by Increasing production from 24,000 unlts to 48,000 unlts under absorption costing? Complete this question by entering your answers in the tabs below. What is the change in gross profit by increasing production from 24,000 units to 48,000 units under absorption costing
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