Ramort Company reports the following cost data for lts single product. The company regularly sells...
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Ramort Company reports the following cost data for lts single product. The company regularly sells 25,000 units of Its product at a price of $70.00 per unit. Direct materials Direct labor $11.8e per unit $13.00 per unit Overhead costs for the year Variable overhead $ 4.88 per unit $98,888 Fixed overhead per year Selling and adminstrative costs for the year Variable Fixed $3.00 per unit $66,209 Normal production level (in units) 25,888 units Compute contribution margin under variable costing. RAMORT COMPANY Contribution margin
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