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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 22,200 units this year. Direct materials $ 21 per unit Direct labor $ 23 per unit Variable overhead $ 14 per unit Fixed overhead $ 44,400 per year Variable selling and administrative expenses $ 4 per unit Fixed selling and administrative expenses $ 67,400 per year Sales price $ 93 per unit QS 19-11 (Algo) Computing contribution margin under variable costing LO P2 Compute contribution margin for the company under variable costing. RAMORT COMPANY Contribution Margin (Variable Costing) Variable expenses
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