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[The following information applies to the questions displayed below.] Ramort Company reports the following for its single product. Ramort produced and sold 21,200 units this

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[The following information applies to the questions displayed below.] Ramort Company reports the following for its single product. Ramort produced and sold 21,200 units this year. QS 19-10 (Algo) Absorption costing and overproduction LO C1 Ramort doubles its production from 21,200 to 42,400 units while sales remain at the current 21,200 unit level. (a) Compute gross profit when production is 42,400 units under absorption costing. (b) What is the change in gross profit by increasing production from 21,200 units to 42,400 units under absorption costing? Complete this question by entering your answers in the tabs below. Compute gross profit when production is 42,400 units under absorption costing

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