Return to question Ramort Company reports the following cost data for its single product. The company regularly sells 16,500 units of its product at a price of $53.00 per unit. 9.30 per unit $ 11.30 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and adninstrative costs for the year $ 2.30 per unit $ 16,900 1.30 per unit Variable Fixed $ 64,500 16,500 units Normal production level (in units) Compute contribution margin under variable costing. Answer is complete but not entirely correct. RAMORT COMPANY Contribution margin $ 874,500 Sales Less: Variable expenses Compute contribution margin under variable costing Answer is complete but not entirely correct. RAMORT COMPANY Contribution margin Sales $ 874,500 Less: Variable expenses Variable manufacuring expense $37,950 Variable selling and administrative expense 21,450 Total variable expense 59,400 Contribution margin $ 815,100