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! Required information Use the following information for the Quick Study below. (Algo)...

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Accounting

!
Required information
Use the following information for the Quick 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 23,600 units this year.
Direct materials
Direct labor
Variable overhead
Fixed overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
Sales price
$28 per unit
$30 per unit
$21 per unit
$47,200 per year
$2 per unit
$68,800 per year
$114 per unit
QS 19-11(Algo) Computing contribution margin under variable costing LO P2
Compute contribution margin for the company under variable costing.
Answer is complete but not entirely correct.
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